Windows are an essential part of any habitable structure. Homeowners are very value-minded. They want to know that any renovations they make will increase property value as well as comfort and aesthetics. If you are on the fence about what to update next, have you considered your home’s windows?
The Financial Benefits of Replacement Windows
Replacing windows can increase your home’s property value. The exact amounts will depend on how old the existing windows were during your last assessment as well as the new windows you install. For example, if you invest $15,000 in windows, then your property value may rise by around $11,000. That gives you a 74% return on investment. The cost of the project will vary, as well as how much value it adds to your home.
Other Money-Saving Benefits of New Windows
New windows can provide additional benefits. They add curb appeal, which can draw in potential buyers if you choose to sell. They can also stop drafts and improve insulation, which will cut down on monthly utility bills.
Some styles are designed to work with nature to help keep your home warm or cool as needed. Harness more solar heat and spend less on gas or electric during the winter months.
You can also rest easier, knowing that your new windows improve your home’s security. A professional can install them to ensure that they are strong, sturdy, and have functioning locks.
If you are interested in learning more about new window installation, let us know. John’s Lumber can answer your questions and show you styles that can increase your property value.