If the siding on your house has seen better days, the good news is there are a wide variety of products to choose from to replace it, each with its own pros and cons. Neil MacDonald, assistant store manager with Home Depot Canada's Beacon Hill location, says it's important to remember that while material cost is a major part of the equation, people also need to consider ease of installation, or factor in the cost of a professional install, when deciding on new siding.

Here is a comparison between the most common siding products (click to expand):