Do New Windows Increase Home Value?
When you own a home, it seems there is almost always a project going on. Whether you’re redoing a room, fixing an appliance, or working on something out back, there is plenty to be done.
Some home improvement projects are great for increasing the value of the home. There are those who are considering selling and want to spruce up their home ahead of time in order to receive the maximum profit. There are also people who are simply interested in upping the value of their home as much as possible.
Whatever the reason, home improvement is a great way to increase a home’s value. Many of those who are focused on home projects to increase value will zero in on their windows. While a kitchen or bathroom remodel are often the first go-to area of home improvement, the windows tend to be up there in popularity.
However, many people considering getting new windows want to make sure that it’s a valuable investment. They’re not only looking to upgrade their home while they’re in it, but they also want to know that this upgrade will provide them with immense value.
So, will having new windows installed increase the value of your home?
The short answer is, yes, new windows will increase your home’s value. While replacing the windows may not seem as huge as completely renovating the kitchen, it is a popular home improvement that can provide a huge leap for a home’s value.
Adding new windows is an investment in the aesthetic of your home, as well as its energy efficiency. Not only that but if you’re attempting to sell your house, having new windows is very appealing to potential buyers.
While having your windows replaced will increase the value of your home, what most people want to know is, how does the increased value compare to other types of home improvements, such as a bathroom renovation? If the value isn’t really comparable at all, many homeowners feel it may be better to spend the time and money improving an area that provides greater value.
Is the increased value really worth it?
There is a definite expense involved with having new windows installed. However, because upgraded, energy-efficient windows are so desired by new home buyers, there will be a great return on investment for the owners.
While having new windows installed will increase your home’s value no matter what, by just ensuring that the new windows are energy-efficient, you are helping your home’s value increase exponentially. The best windows to increase your home value are used in an upscale upgrade. These upgrades cost more out of the gate, however, they have a much higher ROI.
On average, upscale window replacements have a 73.4% return on investment. In fact, the return on upscale window installations is greater than the return for other high-quality and desired home renovations. As composite deck additions have a 69.1% return and upscale kitchen renovations have a 59.7% return, window renovations seem to be one of the best ways to increase the value of your home.
However, there are a couple of areas that even beat window replacements in terms of home value increase, such as a garage door replacement and an exterior renovation of added manufactured stone veneer. Still, upscale window replacements are one of the best ways to add value to your home.
If you are looking to increase your home’s value, look into replacing your windows with upscale, energy-efficient windows. Not only will you enjoy the great benefits of new windows, but you will also receive a nice return on your investment.
Contact us today to get a free quote on new windows and starting increasing your home value today.