The top two engineered lap siding brands are the defending champion HardiePlank fiber cement and the up-and-coming contender LP SmartSide engineered wood siding.
This guide covers both products from all angles that matter to a homeowner – Looks, durability, cost of materials and installation, and pros and cons of each option. Let’s get started!
Cost and Return on Investment
Both LP SmartSide and HardiePlank are comparably priced materials, so unless you’re watching pennies very closely, this probably won’t be the deciding factor.
Return on investment or ROI, refers to the percentage of the total cost recouped at resale. This doesn’t take into account the enjoyment factor or energy savings.
For example, if the expected ROI on siding were 60% for a project that originally cost $10,000, then the installation of new siding would increase the home’s sale price by about $6,000.
- HardiePlank cost: $2.50 to $4.50 per square foot for siding and all trim accessories
- HardiePlank installation: $5.50 to $10.50 per square foot
- HardiePlank total cost installed: $8.00 to $15.00 per square foot
- HardiePlank / fiber cement siding ROI: 83% to 86%
- LP SmartSide cost: $2.00 to $4.00 per square foot for siding and all trim accessories
- LP SmartSide installation: $5.00 to $10.00 per square foot
- LP SmartSide total cost: $7.00 – 14.00 per square foot
- LP SmartSide ROI: 82% to 87%