Is It Worth It To Replace My Windows?
The constant question that accompanies any and all home improvement is, ‘is it worth it?’ Is it worth spending thousands of dollars on an expensive improvement that may or may not increase your home’s value and your enjoyment of it? It’s a tough question to answer, and it really depends on the project in question. For example, homeowners often find that an expensive bathroom improvement does not increase their home’s resale value nearly as much as they had hoped. Some projects just aren’t worth it. Fortunately, window replacements are.
Energy Efficiency– Windows age, just like the rest of the house. And as they age, they become less effective. The older the window, the less energy efficient it is. This will result in more money spent on heating during the winter and air conditioning during the summer. New windows can reduce those energy costs, by shoring up leaks and keeping the warm and cool air where it should be. While the cost of new windows won’t be fully made up by reduced bills, it certainly is noticeable.
Home Value– When you have a small budget allocated to home improvements, it’s key to put it into something that will add value to your home. That new luxury kitchen would be great to cook in, but in some cases, it may even reduce the value of your home. Window replacements are a significantly better investment. Window replacements have been found to return between 70 and 80 percent of your investment back into your home’s value.
Curb Appeal- An often underrated factor of home improvement is curb appeal. New windows are a chance to update the look and feel of your home, by adding new trim, color, and a sense of novelty. The high curb appeal alone has been found to increase your home’s value by up to 5 percent!
When deciding to undergo a new home improvement project, it’s important to keep several factors in mind. How much the project is going to cost, how much value it’s adding to your home and what other ways can it benefit you. New windows are a fairly expensive update to add to your home, and that amount of money isn’t to be taken lightly. However, 70-80 percent of that value is going right back into your home, which significantly mitigates the initial cost. Additionally, the money saved in energy costs increases that value.
Overall, replacing your windows is a sound investment. At Shanco we can help you throughout the entire process. We offer a variety of the best names and highest quality materials to fit your style, budget, and home. Schedule now for a free inspection!