When you embark on a home improvement project of any kind, it helps to know what you’re going to get for your money years down the line. When you’re replacing windows to create a tighter, more easily temperature-controlled home, a lot of factors contribute to the overall value of the project. For starters, it’s common knowledge that no matter what you spend out the gate on window replacement newport news va services, materials, and installation, you’ll most likely be able to recoup that cost inside of a year through a combination of energy savings and money saved on longer-term home repair projects. But each project is still different, and each home’s value is subject to a host of different factors, such as age, location, and overall maintenance. If you’re curious about what your replacement window job is going to give your home back in value after the upfront cost, here are some helpful things to think about.
Value: Energy Savings
Most new windows can cost anywhere between $300 and $1,500 per window. While this might seem like a steep price to pay, it can end up paying off by increasing your ROI and helping you save on energy bills. Even if you only opt to replace the windows in one central room in your home, you could be looking at a 15% cut on your energy bill yearly. While that might not seem like much, think about the savings you’ll see over the course of years. When it comes to temperature control, these aren’t the only savings you’ll enjoy. As a homeowner, it always pays to think critically about an investment. Don’t just tally up the numbers. If you replace all or most of the windows in your home with new, energy-efficient models, you’ll be looking at the concrete savings of that yearly 15% decrease in energy bills, as well as the likelihood of a 73% return on your investment in the event of a sale. But that’s not all you’ll be saving. Older windows are more likely to invite leaks and drafts into a home. These are more than just unpleasant, especially if you end up not doing anything about them. Leaks can lead to the formation of dangerous mold in your home which can then end up rotting your house from the inside, causing you to pay big for easily preventable repairs.
Cost: Number of Windows Replaced
At base, you’re looking at upwards of $300-$400 per window should you choose replacement. Even if you do a few windows and leave the rest as is, this can feel like a huge expense, especially if you’re considering between using the money to get new windows and opting for a renovation or repair job. But while renovating your home can bring back a great ROI in the long run, keeping your windows from cracking or letting in leaks is something that’s going to affect your home in the long-term. If your home is drafty full of humidity, you’re going to have a harder time selling no matter what new renovations you’ve done. If you can put some money toward replacing even a few of your windows, you’ll be doing yourself a favor.
While many homeowners might assume that window installation is fairly straightforward, it always helps to at least ask about the possibility of professional installation. Some window companies include this service in the entire cost of the window, while others will charge extra. In any case, it helps to have a certified professional at least oversee your window installation. When it comes to poorly or incorrectly-installed replacement windows, the potential damage is immeasurable. If you don’t install your window the right way, you could be looking at a massive sunk cost, not only for the cost of the windows themselves but the eventual damage you’ll be looking at in the future.
Value: Projected Home Repair Savings
Your windows aren’t just there to let the light in. They exist to protect your home and keep it standing as long as they possibly can. This doesn’t just mean keeping your house dry on rainy days and keeping the heat out during the summer. It means protecting your home’s interior from UV ray penetration, keeping moisture out, and preventing any kind of mold growth that could endanger the foundation of your home. If you choose to save now by putting up with damaged or ineffective single-pane windows, you could end up paying much more in damages later on down the line.