When it comes to upgrading your home, figuring out the value of the investment is an important step. Not all home upgrades and renovations provide the same return, and homeowners often focus on what will add the most value to their property. Many don’t want to replace the windows until it becomes necessary, because the cost can add up quickly. Yet both for added value when listing your home and energy savings, replacing windows is a smart upgrade.
Energy Benefits to Installing New House Windows
The obvious benefit of window replacement is improving energy efficiency. Windows account for 25-30% of energy loss. Some of the improvements new windows may provide is in the materials, but replacing windows also fixes issues with gaps and cracks. Many homeowners who have replaced their windows notice an immediate difference in the feel of their home’s temperature. Although heating and cooling costs may not immediately save large amounts on energy bills, the amounts will add up over time.
New Windows Can Add Value to Your Home
If you are considering putting your home on the market, it’s often the less exciting upgrades that mean the most to buyers when they’re deciding where to make their offers and how much those offers should be. Letting buyers know that the windows have been recently replaced, especially with energy efficient models, can make a big difference to buyers when they are comparing homes. Most sellers are able to recoup over 80% of their window investment in their asking price (if a homeowner invested $10,000 in new windows, they can list their home for $8,000+ more than if the home had old windows). When buyers look for new homes, they’re often willing to spend more when they know that they won’t have to make all of the big upgrades themselves.
New Windows May Get You a Tax Credit
When you move to energy efficient windows, you may be eligible for a tax credit of up to 10% of the purchase price (up to $200). When talking with contractors, ask about which products qualify and what energy smart upgrades they recommend. Energy saving home improvements can be a smart investment when it’s tax time.
Replacing the windows in your home is a major investment, but it’s a smart one that will pay off in multiple ways. If you do your research, you can get the most value for your dollar, improve your home’s worth, and make your home more energy efficient. Contact Armorvue Home Exteriors today to schedule a free estimate. We have the knowledge and local experience to provide quality installation with customer service you can count on.