How Do Replacement Windows Increase Your Home’s Value?
For most people, investing in a home is the biggest investment they will ever make. That makes it very understandable that you’d want to undertake home improvement projects that will add value to the home, and eventually increase the return rate. Most homeowners are aware that upgrades to the exterior can dramatically increase resale value when it comes time to relocate.
One good way to add value to your home is to install premium replacement windows, and this can be accomplished without even being involved in a major construction project. In this discussion, we’ll consider what kind of return on investment you might achieve by installing premium replacement windows.
What kind of value do new windows bring?
As it happens, one of the best home improvement projects you could undertake is the premium replacement of your windows. The specific return on investment you see will depends on factors such as how many windows you install, and what type they are. It will also depend to some degree on the local housing market, but it will always be a significant return on investment.
All windows installation projects are different, but according to the national average, you should realize a 72% return on investment when you install premium new windows. Remodeling magazine recently conducted a survey to determine the average cost of windows replacement, compared to the average ROI, and the results were impressive. The average cost of installing new windows was about $17,600 and the average return on investment was $12,761, which constitutes a 72.3% return on investment.
Benefits of installing new windows
One of the most obvious benefits of installing premium new windows is that you can take advantage of the energy-efficient nature of modern windows. For instance, vinyl frames are excellent insulators against the elements. When you install double-pane or triple-pane glass, you’ll have maximum insulation against the outside elements, and you should even realize lower utility bills. When you install low-E glass, the coating will reflect most of the sun’s heat and ultraviolet rays that might otherwise penetrate your windows.
Another benefit of installing brand new windows is the increased curb appeal they bring. This can be even more dramatic if you have old windows which are outdated and not performing up to snuff. You can take advantage of stylish new windows, as well as colors that can enhance your home’s exterior. Modern windows are also capable of reducing and even eliminating exterior noise. If you happen to live in a neighborhood where it gets noisy fairly often, you will certainly benefit by screening out a great deal of that background noise, so you can get some peace and quiet.
One last benefit of installing new windows is that they can add extra security to your house. If your old windows have deteriorating locks, they might not be providing the kind of security you need for your family and the contents of your home. Some windows like awnings or casements are so narrow that intruders are unable to penetrate them, so you’ll be protected against burglary.
