Cost vs. Value Report: Manufactured Stone Veneer, Siding Projects Offer High Returns

Remodelers and homeowners can once again count on exterior stone and siding to provide a solid return on investment, according to Remodeling magazine’s 2019 Cost vs. Value report.

An annual survey released in January, the Cost vs. Value report provides insights into which remodeling projects deliver the highest perceived return in resale value. Manufactured stone veneer, such as Boral Versetta Stone® stone siding, continues to be a safe bet, with a 94.9% recoup of investment at the national level. Though this is a small drop from last year, manufactured stone veneer ranks second-highest in ROI, after garage doors.

Boral Versetta Stone manufactured stone veneer Cost vs. Value report
Manufactured stone veneer, such as Versetta Stone in this Ledgestone profile, offers the second-highest return on investment for remodeling projects.

The 94.9% ROI for manufactured stone veneer is based on replacing a 300-square-foot continuous band of existing vinyl siding from the bottom third of the home’s front façade and replacing it with adhered manufactured stone veneer, sills, corners, and an address block, along with an entry archway with keystone and soldier course of flats on each side.

As in 2018, manufactured stone veneer offered the highest returns in the Pacific region (Washington, Oregon, California, Alaska, and Hawaii), at 110.4%. Returns were also particularly high in the East South Central region (Alabama, Mississippi, Tennessee, and Kentucky), at 107.7%.

Manufactured stone veneer offered the highest ROI out of all categories in the East South Central, South Atlantic (91.4%), West North Central (93.5%), and West South Central (98.3%) regions.

Exterior Investments Deliver Biggest Paybacks

Siding overall finished strongly, as well, with a fifth-best return on investment at 75.6%, just shy of the 76.7% recoup in 2018. In fact, out of the 10 projects with the highest returns, nine were exterior categories, including a wood deck addition, steel entry door replacement, vinyl window replacement, a fiberglass grand entrance, wood window replacement, and a composite deck addition.

“The reason for high returns on exterior projects, and especially façade facelifts, stems from the valuations set by the real-estate community. … ‘Curb appeal’ and ‘first impressions’ are central to a real-estate professional’s estimation of resale value,” Remodeling says. “The impact these impressions make is critical in setting the stage for what a buyer is willing to pay for a home.”

What’s more, projects like kitchen and bathroom renovations tend to be  more individualized, which can mean some buyers may not like the look.

The overall percentage of investment recouped across all categories on average decreased slightly year over year. The magazine attributes the decline to the sharp increase in material costs over the summer, including those driven by tariffs.

To read more analysis and see results down to metro area, visit the Remodeling 2019 Cost vs. Value portal on Remodeling’s website.

9 Exterior Trends to Expect in 2019

When it comes to the outside of the home, what does this year hold? A few familiar looks as well as some emerging exterior trends. Here’s what to expect:

• Outdoor living: Demand for outdoor living spaces isn’t abating. In AIA’s annual Home Design Trends survey, architects named the outdoors as the No. 1 specialty room increasing in popularity.

• Low maintenance: This one will also sound familiar—home buyers, particularly younger buyers, simply don’t want to deal with painting, staining, and cleaning their façades and decks. In fact, the AIA survey lists low maintenance as the top product feature increasing in popularity. Expect composites and other low-maintenance materials for decks to continue to grow alongside demand for easy-to-maintain siding materials like TruExterior Siding & Trim, Kleer Lumber, and Grayne engineered siding.

• Darks and lights: Move over, earth tones. Consumers are increasingly drawn to the contrast of dark-colored siding against bright white trim. Trying to achieve this look? TruExterior Siding’s dimensional stability makes it an ideal fit for the darkest of paints, while Kleer trimboard’s TruEDGE technology and UV inhibitors ensure the trim stays brilliant white for years to come.

• Black trim: When trim isn’t white, look to black and dark browns. (Try TruExterior Trim, which can be painted dark hues, including black, without concerns about expansion or warping.) Also increasingly popular—the streamlined, sophisticated look of black window frames.

TruExterior Siding black window frames exterior trends
The sleek look of black window frames against white or light trim is very in.

• Grays (for now): Gray is still a go-to hue, but its popularity could finally be waning. Boral Senior Product Manager Trisha Wagner reports seeing more reds creeping in and believes it may be one of the colors to affect gray’s go-to status.

• Match game: The coordinated look of a matching entry door, garage door, and window trim is in.

• Blending textures: The varied streetscapes created by blending stone and siding textures across the façade continue to dominate. As in 2018, the transitions between textures are a bit more seamless than in years’ past. Versetta Stone siding makes this trend easy, with a panelized format that installs with screws or nails.

TruExterior Siding Stone Siding exterior trends
Blending stone and vertical and horizontal siding is an ideal way to boost curb appeal and make homes stand out from the rest.

• Authenticity: Also returning for 2019 is demand for historic looks brought by siding profiles such as nickel gap, shiplap, and board and batten.

• Modern farmhouse: Like it or not, the modern farmhouse style is sticking around for at least a little longer. Some designers are tiring of the look, but it’s still going to be popular among homeowners both inside and outside the house. “White [board-and-batten] siding delivers a ‘homey look’ and can provide texture and interest to an otherwise flat façade,” the Washington Post reports.

Looking for the perfect product to meet this year’s in-demand styles? Contact your Boral representative today.

How to Leverage Completed Projects in Your Marketing Efforts

A beautiful photo of a beautiful home can attract customers more than nearly anything else. And if you’re like most building and design pros, you have had many of your projects professionally photographed (and if not, it’s time to start). But are you just using those images in brochures, on your website, and on the walls of your conference room?

Here are a few more low-cost ways to use your projects and photos to market your company.

  • Write a case study: What makes your home stand out in addition to looking pretty? What challenges did you have to overcome? How did you meet the needs of the client? Write a short story about your stand-out projects that explains what makes that home—and your company—special. Here’s an example. Once it’s written, you can:
    –Post the case study with images to your website and/or blog; link to it from your e-newsletter
    –Send the case study to your local news media (regional lifestyle magazines, the home section of your newspaper, etc.) as well as to the national trade magazines (Remodeling, Professional Builder, Qualified Remodeler, etc.) for their consideration for coverage.
    –Turn it into a video walk-through to share on your web site and social media.
  • Showcase your skills: When photographing your projects, don’t just take pictures of the overall home and rooms. Zero-in on the details that make it special—whether it’s a unique gable end detail, a hidden storage compartment in the kitchen, or an advanced-framed wall that will save energy costs.
    –Share individual photos of those elements on social media calling attention to what’s unique.
    –Share those photos/details with local and national media. Many publications not only cover full projects, but also like to highlight simple details or installation techniques. For example, NKBA magazine has a “Details” page for this exact purpose.

    Instagram TRG Home Concepts
    TRG Home Concepts showcases its custom capabilities and creativity by showing—and explaining—project details on Instagram.
  • Share everywhere: Take advantage of every free platform at your disposal—Houzz, Instagram (posts and stories), Facebook, LinkedIn, Twitter, Pinterest. And use each platform’s unique written space wisely: Instagram is photo-heavy, so make captions catchy and to the point. LinkedIn is geared toward for pros, so think about what that audience cares about. Pinterest is a mecca for search, so be sure to use keywords when tagging those items. Facebook’s slide shows offer a chance to show a handful of pictures with meaty captions. Adjust accordingly!

    GH Buildings Instagram TruExterior
    GH Buildings Inc. showcases its projects on Instagram.
  • Offer advice: Installing a unique detail or using a method that consumers can learn from? Take a video as you do so to educate viewers. This showcases your work while also positioning you as a leader.

    Video Peter Brown Design Patio Roof YouTube
    Peter Brown Design creates animated YouTube videos detailing installation techniques, including “How to Attach a Patio Roof to an Existing House”
  • Create an infographic: Does the exterior of the home or one of its rooms have a lot of unique elements or features that set your company apart? Create an infographic pointing out those elements and how they contribute to your and your client’s vision.
  • Generate engagement: Got an in-progress project? Why not have your fans weigh in with their thoughts? On Facebook or through an Instagram story, post the exterior before the paint is chosen and offer a poll with two options for the paint color. Offer up two faucet choices to vote on. The more your fans interact with your social posts, the more they’ll get seen by non-followers, and polls are a great way to do that.
  • Assemble trends: If you have a blog or newsletter, use your own projects (or combine your projects with some you find on Houzz) to assemble trend stories for your readers. For example, “6 Ways to Incorporate Red into Your Exterior” or “Tesla’s Solar Roof Tiles: We Tried Them.”

    Design Build Pros blog post Midcentury Modern
    Design Build Pros offers trends and design advice on its blog.
  • Enter contests: All of the national trade magazines have design contests that, if you win, provide lots of great, free publicity in addition to prestige and bragging rights. Professional Builder’s Design Awards are just one example.
  • Create a look book: Follow the lead of fashion designers and create a look book that shows off your best work in an elegant, sophisticated way. Tie the theme of the look book back into your company’s mission statement and keywords.
  • Partner with your favorite manufacturer: Project photos are also one of the best ways for manufacturers to market their products and, trust us, they’re always looking for good images to use in their own publicity. Reach out to your rep about sharing your project stories and photos with their marketing department; they could be perfect for the manufacturer’s own case studies, advertising, editorial, and social media—which means free publicity and recognition for you.

Want to share your Boral projects with us for consideration in our marketing efforts? Email Becky Duffy at becky.duffy@boral.com.

LEAN Principles That Increase Efficiency

LEAN principles shadow board

The first thing you see when you enter the Boral Discovery Center in San Antonio, Texas, is what you can’t see—no clutter, no chaos, no extraneous noise. Because while nearly 30 people, including scientists, engineers, and support staff, work throughout the facility’s labs with numerous machines, hundreds of materials, and thousands of samples, a concentrated focus on safety and efficiency guides each step.

Assisting in those efforts is a facility-wide adherence to LEAN principles, much like you would find at some manufacturing plants.

“We are a lab with many, many projects and many samples,” notes Sarah Fortenberry, a Discovery Center research technician who also leads the facility’s LEAN programs. “So you have to manage not only the individual projects as well as the amount of materials coming in and going out. LEAN principles help us do that.”

Fortenberry notes that following LEAN guidelines also is key to maintaining a safe, healthy environment.

Here are a few of the LEAN tools the Discovery Center has implemented:

• Shadow Board: In areas with tools and equipment, storage areas are outlined and labeled, as shown in this photo. This includes everything from duct tape rolls to a hammer to extension cords. “There’s no wasted time trying to find an item,” Fortenberry notes. “It’s labeled, it’s where it should be.”LEAN principles shadow board The 5 S’s:
Sort: Frequently determine what you actually use and get rid of the rest. This helps keep work areas clutter-free and safe.

Set in order: Label everything and where it goes. The most important items should be the closest.

Shine: Keep work areas clean.

Standardize: Have a standard method for tools and equipment. Everything is labeled—every tool, every shelf, every drawer. This also pertains to samples, which ensures every test is tracked and identifiable. The process of managing samples is the primary reason that LEAN is essential at the Discovery Center.

Sustain: Establish how you keep the workplace clean and a cleaning schedule.

• 3C Board: The three Cs stand for Concern, Cause, Countermeasure. In each work area, the team has a 3C board. If something is wrong in the area, it goes up on the board, what’s causing the problem, and, eventually, what is being done to fix the problem.

• Total Productive Maintenance: Broken machines lead to costly downtime, so each machine has a list of maintenance steps needed to keep it running properly.

• 5S Fridays: At the end of every Friday, the team convenes to address problems on 3C boards. “We work as a team to get to and maintain a sustaining level of production,” Fortenberry notes.

• Kaizen: Kaizen is Japanese for “continual improvement.” The team hosts kaizen events in which they visit areas of the lab and track team members’ steps to see where there is wasted movement and how those steps can be consolidated. Bringing in team members who don’t work in that area provides a fresh perspective and out-of-the-box thinking.

“It’s made us more of a team, working as a group to improve our areas,” Fortenberry says. “Through the kaizen events and 5S Fridays, we can do something in a short period of time that would take someone weeks to do alone.”

LBM Journal: Texture, Authenticity Lead Today’s Siding Trends

A growing diversity of innovative products is helping to fuel the latest exterior trends, according to LBM Journal’s annual In Depth feature on siding. Homeowners are clamoring for color and variety in their façades, while builders are not only trying to meet those aesthetic needs but also are seeking out easy-to-install solutions and product knowledge support.

Here’s an overview of trends and industry observations from LBM Journal’s report:

  • Mix and Match: A diversity of materials is contributing directly to one of today’s hottest façade trends: mixing materials. “Gone are the days when houses tended to be rather homogenous in terms of colors and textures,” magazine contributor Mike Berger writes. “In today’s siding market, it’s all about mixing and matching textures and products.”
  • Darker Colors: The magazine notes that darker colors are in growing demand, a trend that aligns well with TruExterior Siding, which can be painted any color, even black, thanks to its high levels of dimensional stability.
  • Authenticity: Buyers are craving products that offer the look of wood without the maintenance. “There’s an authenticity people want with products today,” TruExterior Siding & Trim Product Manager Aaron Sims tells the magazine. “They want it to look like wood. They want it to feel real. They want the details to be right. They want it to look very authentic to replicate a traditional Craftsman-style or Farmhouse-style home.”
  • Resilience: The increasing rate of natural disasters, from hurricanes to wildfires, is driving code changes in certain areas of the country. “To meet these needs, manufacturers are developing products to withstand the rigors of storm and fire,” Berger explains. The writer pointed to products like Grayne engineered siding and TruExterior Siding, which both meet California’s Wildland-Urban Interface (WUI) code for fire and the Florida Building Code for wind.
  • Labor: The ongoing labor shortage continues to be top of mind and, according to the NAHB, is currently builders’ No. 1 concern. This is driving demand for products that are easy and straightforward to install. Versetta Stone mortarless stone veneer, the magazine notes, offers the stone look without requiring the skill of a stone mason.
  • Training: Dealers and distributors can no longer just stock products, the magazine says, they have to be knowledgeable about those products, how they work, and how they compare to competitors’ offerings.

To read more trends and insights into today’s siding market, view the LBM Journal article in its entirety here.

Best Practices for Combining Exterior Colors

It takes less than 10 seconds for someone to form an impression about a house. One of the most important factors in that impression? Color.

And with a lifespan of 10 to 15 years or more, siding and accent color choice is important.

“When selecting colors, follow the 60-30-10 rule of decorating,” advises color expert Trisha Wagner, senior product manager at Boral Building Products. “Sixty percent of your color will be siding; then your accent, which may be the trim, will be near 30%; and, finally, 10% will go into shutters or another element such as a stone façade.”

When looking at a home, think about what you want to see first and where you want to have the biggest impression.

Here are general rules and factors to consider when choosing and combining colors:

Work With Home Style and Period
To achieve the right look and feel, it’s important to understand the limitations of a home’s style and choose colors that align with the architecture and time period.

For a home with natural-finish cedar siding, for example, a more neutral trim and shutters will help maintain a traditional Colonial style, while bolder accent colors such as green or brown will give it a Craftsman-like look.

Take Cues From Existing Design Elements
For homes with existing stone or brick or those looking to add this element, Wagner offers this tip: To highlight or make the stone stand out, pair with a paint color that incorporates minor undertones from the stone. This will help draw it out and give a more dynamic appearance. Conversely, to make the stone or brick blend in, find a siding color that is more similar in tone.

Further tie these elements into a home’s look by matching the trim to the grout color of the stone or brick.

TruExterior Siding and Trim
Complementary colors in the siding and stone help the stone stand out without one element overwhelming the other.

Consider the Role of Nature and Lighting
Consider how landscaping will contrast and complement the look of a home. Houses with mature landscapes and shrubs with vibrant greens and other colors will draw the eye down. Be aware of what colors you or the homeowner will plant and how that relates to the colors you’re selecting for the home.

For homes that don’t have a lot of landscaping, consider brighter siding. For those with a denser landscape, you may want to consider darker colors for more contrast.

Landscaping can also influence lighting if a home is heavily shaded by trees or natural topography. Wagner advises to look at the direction the home faces and where the sun hits at various times of day to understand how the color may change.

TruExterior Siding Fine Homebuilding ProHome
On the 2016 Fine Homebuilding ProHome, the entry area offered the perfect place for a pop of bold color, modernizing the look without taking away from the farmhouse vibe. It also provides a focal point since the home has limited landscaping.

Consider What’s Trending
For the last five years, shades of gray have been the most popular choices for a home’s exterior. Homeowners inspired by the versatile neutral are frequently selecting varieties and combinations like green-gray, greige, and blue-gray.

Dark, rich jewel tones, such as sapphire blue, are another common selection for home exteriors. Colors in this family are typically paired with white trim, particularly on the ever-popular Craftsman-style homes.

For the indecisive homeowner or buyer, Wagner says neutral bases and black and white accents are a safe option that will stand the test of time.

Another growing trend on new construction home exteriors has been mixing textures, such as combining shake and traditional siding with brick and stone for a variegated look.

Grayne siding
Gray is a trendy choice that never goes out of style and pairs perfectly with crisp white trim.

Avoid Common Mistakes
The easiest way to avoid color mistakes is to consult the color wheel.

“It’s the same color wheel you played with in kindergarten,” Wagner says. “There are still complementary and contrasting colors, and that should be your ultimate guide.”

But you have a lot of flexibility, she adds, with the variety of tones available.

Before committing, get sample pieces of the siding colors being considered. Have your buyers put them up for a few days—perhaps on the weekend when they can see in the light at multiple points across the day—to see how they look.

TruExterior siding
When in doubt, black and white is always a classic combination.

In the end, “personal preference is the ultimate guide,” Wagner says. “A home’s color is highly personable and a definition of the homeowner’s style, so give it the time and attention it needs.”

 

Culture, Commitment Fuel Boral’s Standout Service Department

To fully grasp how unique Boral’s customer service department is, one need only look at two numbers: a 95% call-answer rate and a 0% turnover rate.

“We take a proactive approach in our call center, and that has afforded us a very high service level,” notes Tim Barber, Boral’s director of customer service. Most call centers average around 80% of calls answered in 20 seconds or less; Boral’s average at that rate is 95%. “If you call, we pretty much answer immediately. We know that busy contractors need answers fast and that jobs can be held up if we don’t meet that need.”

But while phone calls are the primary form of communications, the omnichannel department responds just as efficiently to requests made via email, fax, EDI, and pretty much any other form of communication with a hands-on strategy Barber calls a “concierge approach.”

“We really hope to cultivate an experience that keeps customers coming back to our family of brands,” Barber says. “We want to make sure we’re ending the call having solved the customer’s problem and having used their time effectively.”

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The employees’ dedication shows in the department’s high tenure rate, including 0% negative attrition (firings or voluntary company departures) for the past two years, a significant feat considering the typical rate for call centers is 30% to 40%.

The department fields as many as 800 to 1,000 calls a day, taking orders, addressing warranty concerns, providing tech support, and responding to any number of other topics. Staff numbers ramp up during busier months from April to October, and the full team is engaged with onboarding new employees.

“We’ve been fortunate to have a fabulous staff that comes to work every day with their A game,” Barber says. “We’re building our culture around customer service. Our culture is important—you can’t have success without good culture and good leadership, with people feeling like they can contribute. They come in and do the best they can for customers. We empower them and provide an atmosphere that’s supportive.”

Have a question? Contact Boral’s stellar customer service team by calling (888) 926-7259 or submitting a contact form.

New Initiatives Aim to Address Construction Labor Shortages

As the housing industry continues its steady climb, the shortage of skilled labor is only intensifying. In fact, builders have indicated that cost and availability of labor is currently the No. 1 problem facing their business, according to a December NAHB/Wells Fargo surveyA Home Improvement Research Institute study found that 60% of skilled trade professionals believe there is a shortage of labor.

In January, the construction industry’s unfilled jobs reached 250,000, up from 159,000 in January 2017 and just shy of the post-recession high of 255,000 last July, according to NAHB analysis of Bureau of Labor Statistics data. The challenges can lead to scheduling problems, budget woes, and quality concerns, among other issues.

Several industry organizations are attempting to tackle the issue through new initiatives that encourage young people to consider the trades, provide scholarships for training, provide direct training, or simply promote the benefits of a career in the industry. These include:

  • Skilled Labor Fund. Created by Professional Builder publisher Scranton Gillette and with an operating committee that includes leaders from the NAHB and the National Kitchen & Bath Association, the non-profit is raising money to “build a foundation for a stronger workforce” via student scholarships, accredited trade schools, and training facilities.

skilled-labor-fund

  • Home Depot Skilled Trades Initiative. In early March, The Home Depot Foundation announced a $50 million grant aimed at training 20,000 people in the trades to help fill the labor gap, particularly in areas of the country devastated by natural disasters. According to USA Today, the Home Builders Institute will use the funds from Home Depot to train veterans and U.S. Army soldiers readying for civilian life.
  • Lowe’s Track to the Trades. In February, Lowe’s announced a workforce development initiative to support its employees wishing to pursue a skilled trade. Employees will be eligible to receive tuition funding for certification in a skilled trade, academic coaching and support, and apprenticeship placement opportunities within Lowe’s or among its contractor network.
  • Why I Build. Hosted by Fine Homebuilding, Why I Build showcases the voices of craftsmanship and shares stories about why those in the trades love what they do. The resulting videos are inspiring and demonstrate the pride and integrity associated with careers in construction.
Fine Homebuilding Masonry
Mason Jane DeWitt discusses her craft in Fine Homebuilding’s Why I Build series.
  • #KeepCraftAlive. Another program from Fine Homebuilding, this movement is designed to spark conversation and spotlight craftspeople. The magazine encourages pros to tag their social media posts with the hashtag #KeepCraftAlive to share their passion with the world (see Instagram posts here). Sales from T-shirts will fund a sponsorship alongside SkillsUSA.
Fine Homebuilding labor shortage craftsmanship
The #KeepCraftAlive hashtag, T-shirt, and scholarship help bring attention to the skills gap in the industry.

TruExterior remains committed to assisting our customers with training, as well. Our sales reps are available for a range of hands-on education opportunities, including dealer product knowledge sessions and one-on-one jobsite installation instruction. In addition, TruExterior has a fleet of mobile training units that travel the country, setting up shop at dealer yards to provide installers with hands-on experience with our products.

Boral TruExterior Training Trailer
Boral’s mobile training trailers provide hands-on education for specifiers and installers.

To arrange a meeting, training session, or trailer visit, contact us today.

Take Five for Safety

For many contractors, the safety of employees and site visitors takes top priority over nearly everything else. For firms looking for new ways to ensure and promote a safe work environment, one proactive process to consider is “Take 5,” a method for re-familiarizing oneself with a task.

When facing a task they haven’t performed in awhile, such as operating a piece of machinery, staff at Boral facilities are encouraged to pause to identify and control hazards before they start work:

  1. Stop, look, walk around the task
  2. Think about the task, have a clear plan
  3. Identify and assess hazards that exist or may be created by the task and rate their risk levels
  4. Control the risks and communicate
  5. Do the task if low risk, and keep a lookout for changes

take-5-notebook-front-small

As part of this process, staff members carry or have easy access to a Take 5 notepad that takes them through a series of quick steps: a pre-task checklist that confirms they are authorized to do the task and that they fully understand the task; a hazard-identification checklist; and a review of the personal protective equipment.

On the back, the employee identifies each potential risk to the task and its controls. Using this list, they can identify whether the task requires sign off by a supervisor or a written safe operating procedure.

take-5-notebook-inside-small

By compelling employees to stop and consider each task, its potential hazards, and its safe operation, the Take 5 process helps further ensure the safety of themselves and those around them. For builders and contractors looking to elevate their safety efforts, it’s one additional way to keep safety top of mind each day and ensure employees and visitors are actively engaged in ensuring the well-being of themselves and others.

7 Exterior Trends for 2018

As outdoor building season continues, expect to hear some familiar requests—as well as some new demands. Homeowners are increasingly discerning when it comes to their exterior facades as they seek to ramp up curb appeal while still making their home reflect their personality and lifestyle.

Here’s a look at what’s trending this year:

  • Design With Intention: Aaron Sims, Product Manager for Boral’s Light Building Products Division, is seeing a resurgence of architects looking at the whole picture rather than the individual home, designing a structure to fit the environment around it. The results are more timeless looks that don’t feel dated in a few years, and homes that feel well-suited to their towns and cities. “Everything seems more intentional,” Sims says. “You have to nurture that. It’s not something you can create, but you can nurture it.”
  • Past Is Present: Historical favorites never go out of style for a reason. Buyers are turning toward familiar, timeless profiles such as nickel gap and shiplap. Some of their popularity stems from TV shows such as Fixer Upper, but also a desire for creating a sense of place. At the same time, buyers aren’t afraid to update those looks, as seen in the subtle modernization of older restored buildings or farmhouse designs that blend industrial metallics.

    TruExterior Siding Nickel Gap Shutters
    TruExterior Siding in a Nickel Gap profile, with Atlantic Shutters
  • Mixed Textures—With a Twist: Like last year, designers are still mixing materials, such as siding, stone, and metal. But they’re doing so in a cleaner way, Sims says. Color combinations are more monochrome, lines are straighter, texture planes are seamlessly blending together.
  • Clean & Crisp: From those seamless transitions to the sleek forms of shiplap, the transitional and modern trend is creeping into exterior home styles, with more rectilinear lines and forms.
  • Natural Versions of Popular Colors: Grays, blues, and neutrals are still common, but they’re moving to the more organic versions of themselves rather than feeling manufactured. Grays are veering toward a more beige-like warmth, blues are earthier and darker. Buyers will see this trend reflected in Versetta Stone’s new Carved Block mortarless stone veneer panels; the line’s Midnight color is warmed by dark gray and almond tones, while the Sea Salt hue features neutral, soft khakis and beiges.

    Versetta Stone mortarless stone veneer masonry carved block
    Versetta Stone mortarless stone veneer in Carved Block
  • Outdoor Living: Tour any model home or pick up any trade magazine and it’s clear that homeowner demand for decked-out exterior spaces is not going away. Many are clamoring for decks and patios with the same amenities they enjoy indoors, including dedicated sitting and eating areas, seamless transitions and views, and even technology. They also need to look the part, so don’t forget accessories such pergolas made with Kleer cellular PVC trim and KLEERWrap post wraps, and be sure to finish off the underside with trim and post wraps.

    Pergola Kleer Lumber
    Pergola made with Kleer Lumber
  • Low Maintenance: No surprise here: Homeowners still don’t want to spend time painting and staining their facades and decks. Foundry and Grayne siding both offer a long-lasting, low-maintenance alternative that still features the authentic look buyers crave.
  • Labor Crunch: The challenge of finding qualified labor continues, so products that offer easier installation can make a difference in time and cost. Foundry and Grayne offer a straightforward installation process familiar to any siding installer. Versetta Stone provides the look of stone in an easy-to-use panel profile that siding contractors can install. TruExterior Siding & Trim cuts and routs just like wood, using traditional woodworking tools, while eliminating steps such as edge sealing.

Reports: Siding Market Growing 3.1%; Outdoor Living and Low Maintenance Remain Strong

Versetta Stone outdoor grill

The siding market is expected to grow 3.1% a year through 2021 to reach 101.5 million squares, according to the latest Freedonia Group report and ProSales magazine.

Freedonia Group Siding Market 2016-2021
Source: The Freedonia Group

Key drivers of the growth over the next several years, the research firm reports, will be increasing new-home completions, particularly in the South and West, growth in residential re-siding activity, and an increase in light commercial projects such as retail, offices, and restaurants.

The Freedonia Group cited Boral as one of the industry’s leading players, alongside CertainTeed, James Hardie, LP, and Ply Gem.

Outdoor Living Remains Strong
In AIA’s latest Home Design Trends survey, architects indicated that demand for outdoor living is not only popular, but surging. Outdoor living was the most desired feature in the study, with 70% of architects reporting its popularity increasing minus those reporting it as decreasing. This figure was up from 58% in 2016.

By contrast, the next most popular special room was the mudroom, at 36% and declining.

Versetta Stone grill outdoor kitchen
Versetta Stone mortarless stone veneer adds a beautiful accent to this outdoor kitchen.

Elsewhere in the survey, low maintenance products continue to be an in-demand product feature, with 63% of architects reporting an increase minus those reporting a decrease, compared to 59% the previous year. The only feature more popular was smart thermostats, at 64%. Synthetic materials were third most popular, rising from 48% to 52%.

Reflecting today’s trends, other special features in higher demand were multi-generational accessibility, first-floor master bedrooms, and wider doorways and hallways.

See the full results here.

Manufactured Stone, Siding Replacement Deliver High Returns for Remodels

For remodelers and homeowners looking to maximize return on investment, manufactured stone veneer is a safe bet, according to the Remodeling 2018 Cost vs. Value report. In the annual study, materials such as Boral Versetta Stone® offered 97.1% payback on investment at the national level, second only to garage doors. Exterior facelifts overall also proved high in value.

Published in January, the Cost vs. Value report is an annual survey from Remodeling magazine that offers insights into which remodeling projects deliver the highest perceived return in resale value.

The measurement for manufactured stone veneer is based on replacing a 300-square-foot continuous band of vinyl siding from the bottom third of the front of the home and replacing it with manufactured stone veneer, sills, corners, and an address block. This year’s 97.1% perceived ROI is an increase over 2017’s report, where the material offered an 89% return.

On a regional level, manufactured stone veneer offered the highest returns, of 125.5%, in the Pacific region (Washington, Oregon, California, Alaska, and Hawaii).

Versetta Stone, Manufactured Stone Veneer, Mortarless Stone Veneer, Ledgestone
Versetta Stone mortarless stone veneer in the Ledgestone texture and Plum Creek color.

Overall, exterior projects are paying off, as well. “Except for the minor kitchen remodel, work done on the exterior of the house generated higher returns than did interior renovations,” the magazine stated.

Indeed, exterior projects made up seven of the 10 projects with the highest returns. Among those was siding replacement, which took the fifth spot with a national average of 76.7% cost recoup, up just a hair from 2017’s report.

Regionally, the Pacific again posted higher returns in the siding category, at 86.6%. ROI was also above average in the South Atlantic (82.2%) and New England (80.2%) regions.

Other highlights from the report:

  • Compared to previous years, upscale and large projects declined in value. “Growing concerns nationwide about affordability could be leading real estate pros to question moves that would make a house even more expensive at resale than it is now,” the magazine speculated.
  • Overall, average payback of the 20 common projects in 100 major markets declined, from 57.9% to 56.8%. Remodeling magazine attributes this to rising costs across all 20 projects versus values increasing in just two-thirds of the projects. The magazine expects that trend to continue this year, with high demand from hurricane and fire recovery keeping prices higher.
  • As indicated in the two siding categories above, tech regions in the West, where inventory is low and housing prices have skyrocketed faster than national averages, are reporting higher returns than most others. “Real estate professionals in Silicon Valley rated 17 of our 20 projects as likely to generate more in resale value than project cost if the home where the work occurred was sold within a year,” Remodeling said. “The same was true for 12 projects in San Francisco and the North Bay market of Santa Rosa and for six projects in Seattle.”

Ready to help your customers get more value out of their remodel? Learn more about Versetta Stone mortarless manufactured stone veneer and TruExterior Siding & Trim.

To read more analysis and see results down to metro area, visit the Remodeling 2018 Cost vs. Value portal on Remodeling’s website.