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Siding Not only does siding have a huge impact on a home’s aesthetic, it has a huge impact on a home’s functionality as well. In essence, siding is a key part of any home.Perhaps you’re thinking about installing new siding, but aren’t sure of which type would best suit your situation? In general, there are three different types of siding: wood, fiber cement, and vinyl. Each type has different characteristics.While some types of siding are preferable to one group of people, other types of siding are preferable to other groups of people. Read on to discover the best type of siding for you.