Will New Windows Boost the Value of Your Home?
You have decided that it is time to replace the windows in your home. There are many choices to make depending on style, material, and efficiency value. After you have done your research, and you have finally chosen your new windows, and you sit back and admire them.
A common thought that you may have as a homeowner is, “Will new windows boost the value of my home?”
This is a reasonable question. Everyone likes to be assured that the time and resources we put into our home will help increase the overall value, while also giving us immediate benefits.
You can be comforted by the fact that when it comes to replacing the windows in your home, the answer is “Yes!”
Most people have a limited budget for these types of improvements, so it is very useful to know which home improvement project can get you the most in return in regard to increased value.
Why New Windows Boost Your Home’s Value
As mentioned, new windows will boost the value of your home. If you look up the national version, you will notice that window replacements are recorded on the project list for “upscale projects,” instead of the “midrange.”
One of the reasons for this is that many homeowners realize that the original windows that were placed as more of an afterthought and realize that there will be a greater investment needed to replace them with windows that are both more aesthetically pleasing and more beneficial.
Replacing Windows Compared to Other Projects
When it comes to replacing your windows, not all options are created equal.
Vinyl replacement windows not only retain more of their price in terms of increased home value, they also give the second-largest amount of price recouped of any of the “upscale” projects. This is also including bathroom additions and remodels, adding a deck, or a major remodel for the kitchen.
Although it is not a cost or value component, a reduction in energy consumption and lower frequency of heating and cooling equipment failure are specific cash benefits that the other upscale projects do not offer.
New windows will not only increase the value of your home by returning almost three fourths of the money that you spend on them, you could recoup the complete cost of the project in additional energy savings and make your heating and cooling equipment last longer and work better, depending on how long you live in your home.
Should You Replace Your Windows?
The verdict of are new windows worth it? Absolutely. Replacing the windows in your home is not only a good investment it offers a strong return for what you spend. In fact, it is one of the most valuable improvements to your home that you can make. Be sure to do your research on the materials of the windows and the company you will hire to install them so that you know you are getting your money’s worth.
So not only are new windows a great investment for your home by increasing its value, they are nice to have while you are in the home because they bring beauty, light, and can be helpful to your wallet while you are living in your home.
Contact our team at K&B Home Remodelers today to learn more about our window services.