Replacing a home's windows can be a major home improvement project. For homes with windows that are in poor condition, it can be a major change. New windows can increase a home's energy efficiency and improve its curb appeal as well. However, they are a major investment and it's important to choose replacement windows carefully. Here are three things that homeowners who are looking into replacement windows should take into consideration.
Cost
The first thing that any homeowner who is looking to replace their windows should consider is price. The cost of replacement windows can vary greatly depending on the materials used, the types of windows in the home, and the size of the windows. On average a vinyl replacement window will cost between $450 and $600 and a wood replacement will cost between $800 and $1,000. Replacing the framing as well as the window can add between $50 and $100 to the overall cost of each new window. A good rule of thumb is to replace the existing window with a similar style new window. For example, wood windows are often best replaced with new wood windows in order to preserve the style of the home.
New Windows Are More Energy Efficient
One of the biggest benefits of replacement windows is that they are more energy efficient than older windows, especially if those older windows have single pane glass. In fact, new replacement windows can lower energy bills by about 12 percent on average. While this often translates into savings of a few hundred dollars each year, it will take a long time to recoup the cost of the windows in energy savings. The increased energy efficiency of replacement windows is a great feature. However, installing replacement windows solely for their energy efficiency may not be a good investment for most homes.
Replacement Windows Offer A Good Return On Investment
Another thing to consider when it comes to replacement windows is that they offer a good return on investment. Vinyl replacement windows have a 74 percent return on investment while wood windows have a 73 percent return on investment. New windows also increase a home's curb appeal and can be a great selling feature. Homeowners who are planning on selling their homes in the near future should take a second look at replacement windows.
Replacing a home's windows can have a major impact on energy efficiency and curb appeal. When looking into replacement windows, homeowners should consider the overall cost. Vinyl replacement windows tend to be more affordable than wood replacement windows. The increased energy efficiency of replacement windows is an added advantage, but most homeowners are unlikely to completely recoup the cost in energy savings. Replacement windows also offer an overall good return on investment and are a great option for homeowners who plan on selling their homes in the future. Contact a company, like Windows Plus, for more help.
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