You have enough on your plate when it comes to selling a house. Finding a realtor, packing your things, making sure it is ‘show-ready’. The last thing you may want to think about is home renovations. It may seem like a waste of time and money, but replacing your windows before you sell could make a big difference in your sale price.
In a recent 2021 survey conducted by the National Association of Home Builders, energy-efficient windows were ranked desirable by 89% of home buyers. Replacement windows retain 68.5% of their value for resale, which makes them an economical home upgrade whether you decide to sell or decide to stay. On the flip side, if your windows are not energy efficient or have seen better days – it may drastically decrease your equity or cause your home to stay on the market longer since home buyers desire these upgrades.
Reasons To Replace Windows
Older windows might deter buyers from your home if they’re looking for a move-in-ready or an energy-efficient home. But this isn’t the only time you should consider replacing your windows. You should consider replacing your windows if:
- Your windows are inoperable. This includes windows with broken glass, latches, locks, and springs.
- Your windows are older and don’t block UV rays are harmful to your skin. These types of windows create more heat in your home. This causes your heating and cooling system to work harder to maintain a comfortable temperature in your home. It’s estimated you can save around 15% per month on your electric bill.
- You have drafty windows. Older windows are less efficient due to their design and let more of a draft in. But after some time, all windows can start letting a draft through.
Tax Benefits
If the above perks weren’t enough, you can also get some great tax benefits if you replace your windows. If you haven’t used a tax credit in the past, you may qualify for a credit for up to 30% of the product costs (up to $600). Feel free to ask us about any available tax credits.
How Much Value Do New Windows Add to a Home?
The value that new, energy-efficient windows add to a home varies depending on several factors, including the style of window replacement, its energy rating, quality of installation, type of home, and size of the home. The most important thing to remember, however, is not necessarily how much window replacements will add to your home’s value, but that they will provide a return on investment in some capacity.
When It Might Not Be Worth the Cost
- If your windows are in good shape and the market favors sellers, a thorough cleaning or minor fixes might be enough.
- Very upscale or luxury remodels rarely return all their costs. Stick with practical, high-impact updates.
The Cost of New Windows
When In Doubt, Reach Out
New windows won’t always pay for themselves, but they do more than just add value. They enhance your home’s appearance, comfort, efficiency, and overall value. If you’re looking for smart, effective upgrades before listing, especially those buyers can appreciate immediately, updating your windows is often a wise move.
The best way to get the ‘real numbers’ from your home improvements is by contacting the Milanese Remodeling team. We can provide you with quotes for various window upgrades that take into account your goals and budget. We can even recommend windows that will enhance your home’s value when you decide to sell. Depending on the condition of your windows, investing in this kind of home improvement is almost always a good idea. Not only will quality windows save you money on your energy bill, but provide added security and comfort for your family.