This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Fiber Cement Siding Tops Chart As Smartest Home Improvement





CHICAGO , Nov. 10, 2011 /PRNewswire/ -- James Hardie Building Products Inc. (JHX: US) a leading manufacturer of exterior siding, panel and trim, receives third-party validation that siding a home with fiber cement products garners a higher return on investment than any other home improvement, including re-siding with vinyl siding. Remodeling magazine's "Cost vs. Value" report compares the financial investment of a remodeling project to the increased resale value of the house. Since its inclusion in 2005, fiber cement siding has reigned as the leader in value, beating out 35 other common remodeling projects, ranging from adding additional rooms, renovating bathrooms and kitchens and adding a deck.

The National Association of Realtors published the finding that homeowners are increasingly staying in their current houses. According to their survey conducted last year, just 11 percent of sellers had owned their home for three years or less, down from 30 percent in 2006. Instead of buying a different house for more square footage or a more appealing exterior, homeowners are relying on improvements to transform their existing house. The "Cost vs. Value" data gives homeowners reassurance that certain renovations are likely to positively affect their resale value when they do choose to sell. James Hardie retains its value for decades because the products are durable and require minimal maintenance.  

Fiber cement siding not only delivers a solid return on investment, it provides an immediate, visually impactful result. "Our products are on millions of homes in America. We are pleased not just by the immediate positive reaction that owners have when they re-side or purchase a home with Hardie, but also by homeowners' relief that the product requires little maintenance and their delight when the siding maintains its value during the resale process," explains Marc Setty, Marketing Manager for James Hardie Building Products. The impressive visual impact of re-siding combined with a high return on investment value is the primary reason why fiber cement siding ranked as the top material installed by remodelers in the last year, according to research conducted by Professional Remodeler.

Fiber cement siding has remained a perennial performer in Remodeling magazine's "Cost vs. Value" report, which has been published for more than 20 years. Fiber cement siding provides a significant 78% return on the investment.  In contrast, a costly master suite addition only produces a 50.5% return. A kitchen remodel is listed as garnering only a 57.4% return on investment in this year's report. Siding replacement with vinyl siding only delivers a 69.5% return. In fact, the gap between fiber cement siding's return on investment and that of vinyl siding has more than doubled in the last 2 years of the report. James Hardie products include innovations such as being engineered for specific climates and ColorPlus® Technology, which is a multi-coat, baked-on factory finish.  James Hardie siding is five times thicker than vinyl and is classified as non-combustible exterior, extending the protection to fire as well. James Hardie offers HardiePlank® lap siding, HardieShingle® siding, HardiePanel® vertical siding, HardieTrim® boards, and HardieSoffit® panels, as well as HardieWrap™ weather barrier and HardieBacker® board.

About James Hardie

James Hardie has been manufacturing building products for more than 100 years. It introduced fiber cement siding products to the U.S. in the early 90s as a durable, low-maintenance alternative to wood and vinyl. James Hardie products are Engineered for Climate™, delivering specific performance attributes relative to the climate where the product is being used. Other products include HardieWrap™ weather barrier and HardieBacker® backer board. Currently installed on more than 4 million homes, James Hardie products have earned a favorable reputation within the industry and have been specified in some of the country's most prestigious projects. More information about James Hardie is available at http://www.jameshardie.com.

SOURCE James Hardie Building Products Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,051.73 -48.45 -0.28%
S&P 500 1,973.63 -4.59 -0.23%
NASDAQ 4,424.7040 -7.4420 -0.17%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs