Most homeowners think of kitchen renovation or siding replacement when thinking of ways to increase their home’s value. But these large-scale projects are not the only ones that can increase your home’s value. In today’s post, Renewal by Andersen® of Denver discusses another home improvement that can do that: window replacement.
Cost-to-Value Ratio
According to the 2021 Cost vs. Value Report by Remodeling Magazine, window replacement has a cost-to-value ratio of 70%, behind siding replacement and kitchen remodeling. Considering that, in some homes, new windows are a major improvement if the original windows were entry-level types. Replacing them with durable, beautiful and energy-efficient replacement windows can boost your home’s value and help recoup the project cost.
Also, consider that window replacement can be done during any season, does not require the occupants to evacuate the house, and generates little waste and debris, making it a far more convenient home improvement to undertake.
How Can Replacement Windows Increase Your Home’s Value?
The following are some of the factors that can drive property value and may help you recoup your project cost over time:
- Energy savings. Homes with inefficient windows tend to spend more on heating and cooling because of thermal transfer. Windows with single-pane glass allow heat loss during heating seasons and heat gain during cooling seasons. The HVAC system consumes more fuel and electricity to make up for the temperature difference, which results in higher utility bills. Energy-efficient replacement windows have features that help slow down thermal transfer and reduce energy consumption. Also, replacement windows with ENERGY STAR® certification may make you eligible for rebates.
- Maintenance costs. Low-quality windows typically have higher maintenance requirements, which means you may find yourself spending more on paint, tools and cleaning products over their lifetime. Quality replacement windows, like what we offer here at Renewal by Andersen, are easy to clean and maintain and may save you on maintenance costs over the years.
Renewal by Andersen® of Denver provides window replacement services to customers in Denver and the surrounding communities. Give us a call at (303) 968-3287 or fill out our contact form to schedule an appointment.
