Window Replacement: How much does it impact my home’s value?
One of the first considerations a homeowner should make when considering window replacement is how much it will impact their home’s value. Window manufacturers recommend you replace windows every 25 years, but this may be dependent on other factors such as climate and type of glass. This article explores what replacement windows cost and the effect they have on your property’s market value.
Quality of Windows
There are many factors that determine the cost of window replacement. The most important factor is the quality of windows you choose to replace them with. The higher-quality glass and material, the more costly your replacement will be. Replacing old drafty single-pane windows in an area that sees extreme temperature change, like Southern California, can cost upwards of $12,000 . On the other end of the spectrum, high-end vinyl windows can cost as little as $300 per window.
Based on the average salary of a U.S. worker, homeowners who spend less than one week’s salary on home improvement projects typically receive more return on investment . For example, spending around $500 to replace old windows will generally increase your property value by about $12-$15 per dollar spent. In contrast, expensive home additions such as pools and outdoor fireplaces are among the least likely to receive a return on investment .
Decrease Energy Bills
In California, energy costs must be factored in when considering replacement windows. In late summer and early fall, old drafty windows lead to soaring electrical bills. Replacing them can actually save homeowners money.
Today, many companies offer financing options to make window replacement more affordable. For example, at Hardy Windows, we offer a low-interest, long-term, tax-deductible financing option that is repaid through your property taxes. Approvals are not based on credit scores and applying is simple! Just pick the energy efficient upgrades, select Hardy Window Company, and get your project started!
New windows and doors make an impact on the market value of your home. If you are considering replacement, the first step is to determine your budget. Then choose quality windows and materials that will increase your home’s value while delivering energy efficiency and comfort .
Come check out our Anaheim showroom at Hardy Windows and put together a plan to upgrade your home with new windows and doors. You will always get quality craftsmanship and peace of mind through labor and product warranties on ALL installations.