Replacing windows can be a costly home improvement project. However, it can also add a significant amount of value to your home. According to Remodelling Magazine’s Cost vs. Value report, homeowners can recoup an average of 72% of the cost of new windows.
Many homeowners focus on flashier renovation projects like a refreshed exterior or an upgraded kitchen before they list their homes for sale. But do windows increase property value?
Energy Efficiency
In a real estate market with high home prices, homeowners often wonder which renovations are worth the investment. Although kitchen and bathroom remodelling projects get a lot of attention, new replacement windows are also a good way to increase a home’s value.
Energy-efficient windows like double glazing can reduce monthly utility bills, which is an appealing selling point for green-motivated buyers. In addition, a new set of windows can make a home look well-maintained and modern from the curb, which can attract buyers.
Aesthetics
Whether you’re planning to sell your home or want to invest in it, renovations can be an excellent way to increase its value. This is especially true of kitchen and bathroom remodels.
New windows, on the other hand, offer a great return on investment. They’re one of the top home improvement projects for increasing property value and they can be a major selling point. If your windows are warped, discoloured or rotted, they can cause water damage to the interior of your home and may not be able to open or close properly. This can be a big turnoff for potential buyers and may lead to delays in the closing process.
Durability
Windows that are damaged or leaking may have to be replaced before the home can be sold. This can be expensive, so if you’re looking to add value to your home, installing new windows is a great investment.
New windows can be more durable than old ones, helping them to stay in better shape for longer. They can also be more secure, especially if they feature strong frames and locks. This is important because broken or unsecured windows are often one of the first things that are flagged during home inspections, which can slow down or even derail sales
Security
A potential home buyer will want to ensure that the property they are investing in is secure against burglary, extreme weather, and other environmental issues. Installing new window bars gives buyers peace of mind and can add value to their home. If your house has single-pane windows, it is high time you replaced them with modern ones. Newer windows use double or triple layers of glass that are insulated, have sound dampening qualities, and are a great energy saving option. Moreover, they are attractive and help in maintaining the interior temperature. They also allow natural light into the house which improves mental and physical health and helps plants thrive. This makes them an essential feature for any home.
