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There are a lot of very good sidings you could use. Some of What needs to be taken into consideration is the style house, maintenance and cost. You can always mix sidings and styles.
Hardie is a very good product that lasts a long time, is basically fire proof, has the look of wood with little maintenance in comparison to wood. There have been cases of deterioration in Hardie siding so as with every product it isn't perfect. In comparison it is more expensive than vinyl.
Vinyl can be a good product as well and can be inexpensive. The better looking vinyl can be costly. Darker colors tend to fade rapidly in high UV areas so you may wish to stay away from those.
Wood is classic but can be expensive even for pine clapboards. It also has a higher maintenance schedule compared to vinyl or Hardie.
Stucco. Long lasting, low maintenance, some what costly. Stucco can promote rot if improperly applied to a wood structure and often not detected until it is a major problem. Excellent finish over masonry construction.
EIFS (Exterior Insulation Finish system)- I would not even consider this product. Widely used through the 1980's and 1990's. A synthetic stucco applied over foam fastened to the exterior of a wood structure. Causes moisture to be trapped between the foam and wood sheathing promoting rot. Many insurance companies will not insure buildings with this siding.
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