Renovations are usually costly and may leave a huge dent in your hard-earned money. But it’d be best if you understood that each of these renovations would add a different amount of value to your home. Thus, most homeowners focus on the most valuable renovation activities such as bathroom and kitchen revamp. But what about new windows? Do they improve your home’s value?
In this article, those questions will be answered. Know how much window upgrades cost and ways they may boost your home’s value, leading to an improved profit margin.
How Much Does A Window Upgrade Cost?
Several factors may influence the overall cost of upgrading your windows. They include:
Window Material
You can choose from several options, such as vinyl, fiberglass, and wood. Each of these materials will have a distinct price tag. Conduct extensive research to ensure you choose the ideal window material.
Type Of Window
This is another factor that may affect the overall cost of a window upgrade. It’ll take more time and skills to install an oddly shaped and styled window.; thus, the cost might be higher. For example, bow windows may be expensive than casement windows or those with awnings.
Size Of Your Windows
The size of the windows will affect the overall cost because each size will need a specific amount of materials. For instance, a large-sized window may require more materials, making it more costly than small-sized windows. It’s also important to understand that the number of windows in your home will affect the general cost of window upgrades.
Can A Window Upgrade Improve Your Home’s Value?
Upgrading your windows will play a huge role in boosting your home’s value. It can also provide excellent qualities that you can enjoy before selling or refinancing your home. Some of the ways a window upgrade can improve your home’s value include:
Improved Security
Security will go a long way in improving your home’s value. For this reason, it’s crucial to install windows that make it difficult for intruders to access your living room. You should keep the following features in mind when installing your windows. They include:
Secure Window Style: The window style will influence the level of security in your home. For example, picture windows are considered the most secure because they don’t have moving parts. Other secure styles include casements and hopper windows. These window styles usually have locks and latches that fit into the frame, making it hard to open from the outside.
Stronger Glazing Technologies: Technological advancement has made it easier for you to add additional strength and durability over the last few years. For instance, the impact-resistant glass will improve the overall security of your home, boosting its value. Whit can be expensive to revamp your window, ensure you utilize available options to finance this activity.
Enhanced Energy Efficiency
Energy efficiency is another selling point for your home. It’s important to understand that window technology has greatly changed over the last few years. This means that new windows can be more energy-efficient than their older counterparts.
So, what is an energy-efficient window? It refers to a window that is better at maintaining a favorable indoor environment. This will improve the efficiency of your heating, ventilation, and air condition (HVAC) system, saving you some bucks in the long run.
A window can become an energy-efficient by having components such as:
Low-E Glass: The low-emissivity glass will reflect heat and decrease the room’s exposure to the sun’s UV rays. But it’s important to understand that these glasses won’t affect the amount of light your home receives.
Double-Pane Glass: These windows have an insulator, mostly argon gas, in between the layers. This will protect your home against elements such as high temperature, improving the energy-efficiency.
Greater Appraisal
Like any other aspect of a home on the market, such as bathrooms, a window upgrade will help improve its value. Window upgrades may have a higher return on investment (ROI). A recent survey has found out that window upgrades have an 81% ROI.
Thus, it’s crucial to install high-quality windows to meet potential customers’ needs and expectations. These needs include insulation from external temperature and noise, improved security, and much more. Meeting these needs will give you an upper hand when marketing your home.
It’s also important to understand that prospective buyers may need a window that improves the overall outlook of their home. Ensure you visit a reputable supplier to pick an option that fits your home’s character to improve its curb appeal. This will not only improve your home’s value, but it’ll also be market-ready in no time.
Bottom Line
As discussed above, window upgrades may boost your home’s value. Some of the ways window upgrades may boost the overall value of your home include improving security, energy efficiency, and a greater appraisal.
