Windows can provide a significant return on investment when improving your home. Whether you are getting an appraisal to set a price for selling your home or seeking to increase your home's equity, upgrading your windows gives you one of the best bangs for your buck.
According to estimates by Remodeling magazine, in our region you can recoup between 61.3% and 65.4% of the expense in the increased value of your home. New windows rank fourth under manufactured stone veneer, garage door replacement, and minor kitchen remodel.
Vinyl replacement windows provide a better return than traditional wooden windows. The South Atlantic regional average for a wooden window remodel is $23,760. This increases the value of your home by $14,567 allowing you to recoup 61.3% of your cost. However, vinyl windows have a much lower replacement cost at $19,900, but with a $13,022 resale value recoup 65.4%.
The national average for vinyl replacement windows is even higher at 67.5%. The regional average investment is less by several hundred dollars, but the increase in value is also correspondingly lower. Actual results may vary from one metro area to another. But across all areas, replacing your old windows with vinyl custom windows is a proven and efficient way to increase the value of your home.
The return on your investment does not end with the increased value of you home. Replacement vinyl windows help create a more efficient home leading to lower power bills. They help extend the life of your home while providing an immediate facelift for an attractive curb appeal.
When you are looking to get more value out of one of your largest investments, do not overlook replacement vinyl windows.