Does Replacing Windows Add Value to Your Home?
Smart homeowners know that it’s important to consider the return on investment when prioritizing home improvements. While replacing old windows is the green thing to do, does the move also increase the amount of greenbacks in your home’s value?
First things first: Yes, replacing old windows does boost your home’s value.
If you spend $15,000 to replace your home’s windows, your home could rise in value by roughly $11,000. This represents a return on investment of 74 percent, which is a great financial payoff.
You can select windows that evoke the look and feel of your existing ones, capture more natural light with bay or picture windows, or choose easy-to-clean double hung windows. Low-e glass blocks UV light and solar heat to improve your comfort and protect your furniture from fading.
When you add in all the reasons that replacing your windows benefits your comfort, your wallet, and the environment, it’s a no-brainer.
If you’re thinking of selling your home in a few years, replacing the windows can help your home stand out in a crowded market, plus raise its value before you list your home. Since buyers love buying houses that are not only move-in ready, but updated with modern amenities, new windows improve your home’s marketability and help you command a higher selling price.
Even if you aren’t planning on selling your home today, replacement windows can help save you money now. We mentioned that replacement windows can slash your energy bills. This happens because the new windows create a tight seal with your home, so no air can leak out. Air leaks are the major cause of wasted energy. When you block leaks by replacing inefficient windows, you’ll spend less heating and cooling your home while enjoying a comfortable interior - no more drafts!
You might be surprised to learn that home heating and cooling costs eat up over 40 percent of the yearly energy budget. While an expense at the outset, replacement windows slash this budget item, giving you more money to spend however you like.
You’ll save even more when you select Energy Star windows. For every single pane window you replace with an Energy Star window, you’ll save an estimated $101 to $583 per year. If you replace a double pane window with an Energy Star model, you’ll save anywhere from $27 to $197 per year. You’ll also do your part to protect the climate by curbing carbon dioxide emissions - anywhere from 26 to 6,205 pounds’ worth.
Now that you understand the many ways that replacement windows can add value to your home and quality of life, take the next step. At Window Nation, we offer free estimates for replacement window installation. Find out how cost-effectively you could upgrade your home’s windows by calling us today.