Of all of the investments you can make in your home, replacing your old and drafty windows is one of the best investments you can make. Consider the benefits and you’ll find that it makes sense to plug the holes that are losing you energy by having new windows put in.
Energy costs seem to rise every year. In the last ten years they have more than doubled. The old adage “a penny saved is a penny earned” is timeless wisdom.
2) Resale value: Remodeling magazine does a Cost vs Value report each year showing what you will reasonably expect to recover when you sell your home. This year, in the metro Milwaukee market, you can expect to recover 71% of the cost if you were to have windows installed and sell your home today.
3) Tax Credit: The federal government will actually reimburse you up to 30% of the cost of your new windows if they meet the federal efficiency standards of a u-factor no higher than .30 and a SHGC of no higher than .30. Click here for an explaination of the importance of u-factors.
4) Saleability: Ask any real estate professional — homes with new windows sell faster than others. Usually what a real estate agent will do is look for comparables in a neighborhood when they make their recommendations to a homeowners as to what they should list their home for. Homes that are in the same price range as others with similar layouts in similar neighborhoods will sell faster if they have newer windows. This is an easy one to verify — take a walk around your neighborhood and when you see a home with newer windows that is for sale, make a mental note and you will find it sells faster than homes that have not replaced their windows.