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Siding or add bedrooms/bathroom?

DH and disagree on which renovation will most increase our resale value - residing the house or adding new bed(s)/bath?

We are considering major upgrades over the next five years. Option #1: rewrap and replace house siding. Option #2: add 1-2 bedrooms and 1 bathroom. The cost will be roughly equivalent, the #2 being a bit cheaper.

Our 1950s era 3-bed/2-bath house has 1990s vinyl siding that is faded but in otherwise good condition. The house wrap has no problems we know of except that it is original tar paper from 1950s. The house is decently-sized: 2k above ground (living) and 1k below (finished basement but not counted in total due to no egress). The additional beds/bath would be achieved by adding an egress to the basement (bedroom add 1), splitting an oversized kids bedroom (bedroom 2), and installing a basement bathroom.

submitted by /u/Worth_Alternative895
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source https://www.reddit.com/r/RealEstate/comments/13nqy8w/siding_or_add_bedroomsbathroom/
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