Are you planning to sell your home? Then you are in full swing to make necessary repair and replacements to increase the face value of your home. This is something in common. Among various other elements that you consider in the list of replacement or repair to increase the value of your home, one is your windows. Is replacing your windows really worth it?
Well, if you ask us, we will say it is worth the investment. Those old windows that have worn out in the past few years are in the need of replacement before your list your home in the market. Since you need to create a big impression on the buyers and windows will be one of the first things to steal their minds. Hence, do you think a worn out, dilapidated or a simple repair in the windows can attract homebuyers?
Here, are the top three ways that tell how window installation helps to raise the value of your home.
- Increase the asking price of your home
Window installation tack about 70% of the cost to the asking price of your home. Therefore, if you spend $12,000, then selling price will rise by $8400. So you see a 70% return on the investment is quite high, so new window installation replacing the old one is the best way to raise the value of your home. Yes, you will obviously maximize the ROI if you choose beautiful, energy efficient and long-lasting windows. Moreover, homebuyers will not feel impressed with a window installation from a brand they do not recognize. Make sure you do a brand study before you opt for a new window installation and consider the best.
- Say goodbye to low offers
Well, we know that you do not get 100 percent back on your investment by installing a new window in your old home. However, if your home is also having an outdated window, the homebuyers will exempt your home from the list – with the reasons that your home was not attractive. Some might even ask for discounts and low price offers so that they can invest the money in new window installation. Will you like to hear that? Say your home is having a selling price of $12,000 and the price to replace the window will cost you $1000. Therefore, it is better to replace the window and validate your asking price.
- Save on your energy bills
Well, depending on the condition of the current windows and rating of your replacements, you can save more than 20 percent on the energy bills. This is sure to appeal your homebuyers who are looking for a home that will cost them less money in the coming years.
Just not raising the value of your home by price, or having savings on your heating and cooling bills, a new window installation replacing the old one also improves the curb appeal of your home. Aesthetic improvement might not add a monetary value but it could be the tipping point to win over the homebuyers over your competitors in the neighborhood.
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