For anyone curious to find out how much it would cost to replace the siding of your house, here are some useful links I found that would estimate the cost.
The average house in the USA is about 2200 sqft, and with a two-story design. So, I think lots of estimations are based on this statistics.
Siding Replacement Cost
The costs for a contractor to install mid-grade vinyl siding is around $250~$300 per one hundred square feet. This means that the price range for the average house of 2200 sqft is $7000 ~ $8400.
Wood Siding Replacement Cost
A good average budget figure to use for the purchase and installation of your wood siding might be about $7.75 per sqft of exterior wall area. That price is for 8 inch beveled cedar siding. Painting the siding with a coat of latex primer and two finish coats should cost about $1.75 a square foot for the labor and materials. Removing the old siding from your home might average about .70 a sqft depending on the difficulty of the project.
Siding Replacement Quote and Discussion
Old masonite siding. 4 sides, no garage, approx 1,900 heated sq ft., 2 stories, 21 years old, the quoted base price is $17,850. It includes removal of old stuff, replacement of siding and related structuress, paint and caulk.
Vinyl Siding Cost
Includes reasons to install vinyl siding and the average cost. Average vinyl siding cost is $2 ~ $12 per square foot installed. A typical home with 1,500 exterior square feet, the total cost would be $3,000 to $18,000. Removing old siding might cost $1,500 to $3,500.