Renovations On A Budget: 6 Ways To Replace The Siding On Your Home

Replacing the siding on your home is a big job that can be expensive, and it can take a lot of time. But there are ways to do it on a budget, and there are ways to make it go faster. Let's take a look at six tips that will help you get the job done right, without spending too much money or wasting too much time.

Talk to your neighbors

If you live in a neighborhood where everyone is doing their home improvement projects, chances are good that someone has recently replaced their siding. Ask them who they called, what services they used, and how much they cost. You might be able to get a discount if you use the same company based on a referral.

Additionally, your neighbors might be willing to help you out, or even do the job for you, if you're not comfortable doing it yourself.

Get multiple estimates

Never go with the first estimate you receive. Get at least three different companies to come and give you an estimate for the job. Be sure to ask about any discounts that might be available, such as for seniors or veterans or for using environmentally friendly materials. Getting an estimate is often free of charge, and you can get the first one here if you live in Seattle. Make sure to mention all the details of your project and any discounts you might qualify for when you're setting up the appointment.

On the other hand, you can also try to negotiate with the company for a lower price. If you have a good relationship with them, they might be willing to work with you on the price.

Plan ahead

If you know you'll be replacing your siding soon, start planning and saving up for the project. Even if it's just a few hundred dollars every month, that money will add up and make a big difference when it comes to paying for the job.

For instance, you can open a dedicated savings account or start putting money away in a jar at home. You can also look for deals on materials and tools, and buy them ahead of time so that you're not scrambling to find everything you need when it's time to start the job.

Choose the right time of year

The cost of replacement siding can vary depending on the time of year, and as spring and summer are usually the busiest times for contractors, you might be able to get a better deal if you schedule your project for fall or winter. Additionally, many companies offer seasonal discounts that can help you save even more money.

For instance, some companies offer a fall discount of 10% if you schedule your project between September and November. So, if you're flexible with when you have the work done, you could potentially save quite a bit of money.

Consider the financing

Many companies that specialize in home improvement projects offer finance, so if you can't afford to pay for the project all at once, you can spread the payments out over time. This can be a good option if you don't have the cash on hand to pay for the project upfront but you still want to get it done right away.

Additionally, some companies offer discounts for those who finance their projects. For example, you might be able to get a 0.5% discount if you finance your project with the company's preferred lender.

There is also an option to get a home equity loan to pay for the project. This can be a good option if you have equity in your home and you're comfortable taking out a loan. Just be sure to shop around for the best rates and terms before you decide on a loan.

Do it yourself

Finally, if you're handy and have some experience with home improvement projects, you might be able to replace your siding yourself. This can be a great way to save money, but it's important to make sure that you know what you're doing before you start the project. There are plenty of resources available online and in libraries that can help you learn how to replace your siding.

You'll also need to have the right tools for the job, and you'll need to be able to take the time to do it right. If you're not sure if you're up for the task, it's always a good idea to consult with a professional before you start.

Replacing the siding on your home can be a big project, but with a little bit of planning and preparation, you can save money and get the job done right. By shopping around for estimates, negotiating prices, and taking advantage of discounts, you can make sure that your replacement siding is within your budget.

Additionally, by choosing the right time of year to have the work done and considering financing options, you can make sure that replacing your siding is as affordable as possible. If you're up for doing some of the work yourself, there are plenty of resources available to help you get started.

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