You should replace Masonite siding with LP SmartSide engineered wood siding, James Hardie fiber cement siding, vinyl siding, or real wood siding, depending on budget, desired look, and durability, with LP SmartSide being most direct wood-like replacement and Hardie Board being most durable. Masonite siding is hardboard siding made from wood fibers and resin, popular in 1980s and 1990s but prone to moisture swelling, rot, and delamination when water penetrates, leading to class action lawsuits, so replacement is recommended when damaged. Best replacement is LP SmartSide, engineered wood siding made from wood strands with SmartGuard process adding wax and zinc borate for moisture, rot, and termite resistance, looks like wood, costs 6 to 10 dollars per square foot installed, lighter than fiber cement, with 50-year warranty, considered upgrade from Masonite with similar wood appearance but much better durability. James Hardie fiber cement siding is most durable replacement, made from cement, sand, cellulose, fireproof, rot-proof, termite-proof, costs 8 to 12 dollars per square foot installed, needs painting every 10 to 15 years, heavy but very long lasting 50 years. Vinyl siding is budget replacement, costs 3 to 7 dollars per square foot, low maintenance, never needs painting, but looks less like wood and can crack. Real wood siding like cedar is premium natural look but high maintenance. So replace Masonite siding with LP SmartSide for wood look and durability, or Hardie Board for maximum durability, or vinyl for low cost and low maintenance, with LP SmartSide being closest direct replacement.
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