The average homeowner will spend about $19,800 to $73,200 to remodel their home, but don’t let the hefty cost discourage you. Home remodels have an incredible return on investment (ROI), meaning you’ll get back what you spent, and a lot more on top.
However, you don’t have to go all out to increase your home’s value and get an excellent ROI. Sometimes, increasing your home’s value is as simple as replacing your windows. We know this sounds like after-work hearsay, but — do new windows increase home value?
This is an excellent question, and luckily, we have the answer. Join us today as we explore whether new home windows raise the house value, and why you should consider getting new windows for your home.
Repairing vs. Replacing Windows: Which One to Choose?
One of the toughest decisions you’ll have to make as a homeowner is choosing between repairing or replacing windows. On one hand, you can save some good cash by repairing windows. On the other hand, new windows look much better.
It is completely out of the question to choose to replace only a few windows and repair all the others. That’s because it’ll give your home a mismatched look that is detrimental to your house’s curb appeal. So if you want to replace your windows, you’d best go all the way.
That said, here are a couple of reasons why replacing your windows might be a good idea.
- To update the home’s exterior
- To cut energy costs by buying windows that are more energy-efficient
- Appropriate action following a heavy storm or an accident
When it comes to repairing vs. replacing your windows, the latter might be a more feasible choice. Especially considering that sooner or later you’ll have to replace the windows.
Do New Windows Increase Home Value and by How Much?
If you’re wondering whether new windows add to your home’s value, well, yes they do. In fact, getting new windows is one of the most cost-effective ways to raise your home’s value. While that much is clear, how much value do replacement windows add to your home?
The ROI you receive from your new windows will depend on several factors. Some of these factors include what type of windows you buy and how many you buy. Whatever the case, new windows are a great investment that will always yield good returns.
Although every window replacement project is different, you should expect to get back around 72% of your investment. However, if you consider the trending and popular window styles, you could recoup a lot more.
How Much Do New Windows Cost?
Before you get excited about replacement windows, it’s important to determine whether you can afford the windows in question. The cost of new windows varies depending on the type of window, their sizes, and how many you need. Other factors that may influence the cost include the windows’ energy efficiency, custom features, and installation costs.
However, expect to pay between $300 and $2100 for a replacement window, with an average cost of $850. About $100 to $300 of the cost will go to labor, and the rest will cover the window costs.
That said, replacing windows in a standard three-bedroom home will cost you around $3,000 to $10,000. For a large house, expect the cost to spill over to $20,000 and above. However, if you do your digging, you can find companies like Hartford Window with incredible deals on replacement windows.
Request for multiple quotes from different companies to find a company that you can work with. Don’t make the mistake of choosing the contractor with the cheapest quote. If the quote seems unreasonably low, you’re better off with another company.
The best approach is to pick a company that’s within your budget. Not too high, not too low, but right there in the sweet spot.
What Are the Benefits of Getting New Windows?
New windows do a lot more than just add value to your home. There are tons of other benefits to getting new windows. Some of these benefits include.
Enhance Your Home’s Safety
Windows that don’t open easily or are sealed shut can be a major safety hazard. First, these windows prevent proper air circulation and can lead to suffocation. They also act as a barrier to escape routes in case of emergencies.
Let’s say a fire breaks out and all the doorways are on fire. The quickest escape route is through the windows, but since they don’t open, you remain trapped in the burning house. A new window would provide an easy route for you to escape.
If you want to enhance the safety of your home, consider getting new windows.
They’re Great for Aesthetics
The right windows could do wonders for your home’s exterior appeal. Plus, replacing your windows gives you the perfect opportunity to get with the times. You could upgrade your windows to modern styles and designs.
The right windows could give your home the facelift it deserves. Liaise with an exterior designer to get the best windows for style and pizzazz.
Can Help Cut Energy Costs
Getting new windows gives you the chance to replace your windows with energy-efficient windows. Buying the right energy-efficient windows could help cut your energy costs quite significantly. Consider replacing your current windows with wood, vinyl, or fiberglass windows that are very energy-efficient.
Improved Air Quality
Another amazing benefit of getting new windows is improved air quality. Modern windows have between-the-glass blinds and shades. That’s right, instead of having blinds outside the window pane, you now have them between two window panes.
Everyone knows that blinds and shades are a hub for all sorts of dust and allergens. Having them between the window panes means you can kiss all the dust and allergens goodbye. This translates to improved air quality in your home.
Get New Windows and Add Value to Your Home?
“Do new windows increase home value?” is a question we’ve answered pretty conclusively. Our job is done, now it’s on you to arrange for new windows for your home. Just make sure you find the right window company for the best results.
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