In the world of home renovation, budgeting is not just a good practice—it’s essential. Whether you’re looking to enhance your home’s curb appeal or increase its market value, understanding the costs involved in a siding renovation will help you make informed decisions. Today, we’ll delve into the cost breakdown of installing new siding on a typical single-family home in Edmonton, Alberta, and explore the factors that can influence these costs.
When considering a siding renovation, the first step is to determine the type of siding you want. In Edmonton, vinyl siding remains the most popular choice, celebrated for its affordability and variety. Depending on the quality and color, vinyl siding can range from $11.00 to $14.50 per square foot. For those opting for the more premium James Hardie siding, you can expect to pay between $20.50 and $23.00 per square foot. If you want wood-look accents, the cost can jump to between $70 and $120 per square foot.
Let’s break down the overall cost into manageable components. For materials, if you have a home with approximately 2,000 square feet of siding, you might spend around $22,000 on vinyl siding or $40,000 on Hardie siding. Additionally, you should factor in the cost of insulation, which can add another $1.50 to $3.00 per square foot, depending on the type selected. This means an additional $3,000 to $6,000 on top of your siding choice.
Labor costs are another significant factor. In Edmonton, hiring skilled labor for siding installation typically ranges from $3 to $6 per square foot. With a 2,000 square foot home, labor could add an additional $6,000 to $12,000 to your total budget. Don’t forget to include the cost of permits, which can vary, but you might expect to pay around $500 to $1,000 based on local regulations.
Now, let’s consider local factors that could influence these costs. Edmonton’s climate is known for its harsh winters, which can lead to increased demand for durable siding materials that can withstand extreme temperatures and moisture. This might push you toward fiber cement options, which, while more expensive, offer longevity and less maintenance. Additionally, seasonal availability of certain materials may impact pricing; for instance, ordering siding during peak renovation seasons can lead to higher costs.
In summary, for a complete siding renovation in Edmonton, you might be looking at a total cost ranging from approximately $35,000 to $60,000 depending on your choice of materials and the complexity of installation.
Understanding these costs helps you create a realistic budget and avoid unexpected expenses. For more detailed discussions, tips, and advice on home renovations, consider joining our web forum where homeowners share their experiences and insights. Happy renovating! 