Putting new windows in your home doesn’t just improve your ability to regulate your interior temperatures—insulated windows also improve your Minneapolis, MN home’s value while improving your aesthetics.
The prospect of replacing your house’s windows can be intimidating, because it can get expensive in a hurry to outfit a home with brand-new windows. However, there are plenty of benefits to doing so, especially when you are truly in need of new windows. You may find that it will update your home’s appearance and significantly improve your energy efficiency.
And of course, if you’re looking to sell your home anytime soon, window replacement can get you some excellent ROI to help you increase the selling price of your home.
Here’s what you should know.
How different approaches to window replacement impact home value
Simple, minor upgrades to your windows probably won’t do a whole lot to the value of your home, but an upscale upgrade to all of your windows will definitely yield a high return. The use of insulated windows, for example, is one way to ensure you get the best bang for your buck. Not only will it reduce heat transfer from inside to outside an vice versa, saving you a significant amount of money on your energy bills, but it’s also a feature that is highly sought after among home buyers, meaning it will increase your home’s value.
One report from Remodeling magazine indicates a high-quality window replacement with features like insulated windows will have a return of approximately 75 percent, with vinyl windows giving just a slight better return on investment than wood windows. This actually gives you a higher return on your investment than some of the other more expensive renovations you can perform on your home, such as a kitchen remodel or deck addition.
The more energy efficient you make your windows, the better the return on your investment will be, both in the savings you experience and in the price you’re able to fetch for your home. According to research from the U.S. Department of Energy, about 25 to 30 percent of your home’s heating and cooling energy expenditures are related to your windows. This means if you upgrade to energy-efficient windows, you stand to save a lot of money thanks to the project—up to several hundred dollars a year, depending on the state of your windows before the upgrade. Add these savings up over the course of many years, and that is a considerable factor to take into account when looking at costs.
Ultimately, only you will be able to decide if a window replacement is truly worth doing at your home. Carefully analyze the condition of your current windows and your energy bills, and see if there is an opportunity to make significant improvements. This is one example of an investment that, when made smartly, can have some long-lasting positive impacts on your home and its value.
For more information about improving your home value with new windows in Minneapolis, MN, contact Custom Glass & Screen today.
Categorised in: Window Replacement
This post was written by Writer