Unless a potential buyer is specifically interested in accruing homes to renovate them, chances are that an updated and well-maintained property will sell faster than a home that is dated and in disrepair. Among other home improvements that boost resale value, window replacement is at the top of the shortlist. Replacing the windows in your home is likely to yield up to a 74% return on your investment (ROI).
New windows not only update the look of both the interior and exterior of your home, but they may offer energy savings as well. Homebuyers are more likely to buy a property that offers both energy-efficiency and a fresh, modern, and updated look. If you are a property owner and thinking about remodeling your home ahead of selling it, window replacement may be one of the smartest investments you can make.
Benefits of Window Replacement Before Selling Your Home
One factor you should pay added attention to is current window design trends. Installing oversized bay windows or black window frames can breathe new life into the architectural style of the home, boost curb appeal, and help you get the maximum ROI. So should you replace your windows before selling your home, or not? Here, we’ll map out the benefits of window replacement, as well as several factors you may want to consider before beginning this major renovation.
What Are the Benefits of Replacing Your Windows Before Selling Your Home?
- Adds Resale Value – While it is unlikely that you will see a 100% return on your investment, replacing older windows with modern, energy-efficient windows can really boost the resale value of your home. Modern windows that boast an EPA Energy Star Rating are a significant selling point, especially to younger homebuyers.
- Makes Your Property a More Attractive Purchase – Many homebuyers don’t have the patience, time, or savings to completely renovate an older home, and prefer buying a home that has recently been updated, meaning they can move in right after signing. Buyers will pay top dollar for a home that is turnkey rather than a property that needs significant time to remodel.
- Updated Exterior – New windows can completely transform the exterior of a home. The windows of today come in a variety of styles, shapes, and even bold color schemes. Remember to choose windows that match the style of your home or are in line with current design trends to increase curb appeal and get the most out of your investment.
- Energy-Efficiency – According to Zillow Group, which tracks housing trends in the United States, energy efficiency is extremely important to over 50% of homebuyers. Be sure that your real estate agent highlights the fact that the property has windows that boast the Energy Star rating. Energy-efficient windows can save homeowners anywhere from $120 to $500 a year in energy costs alone. That really adds up over time.
What Is the Condition of Your Existing Windows?
Are your existing windows showing signs of wood rot and warping? Or, are you seeing condensation inside the windows panes and finding it difficult to raise and lower the windows? If that is the case, then it is likely you’ll need to replace your windows, whether or not you are planning on selling your home. Old and rotted out windows can lead to a host of problems including…
- Potential of failing a home inspection
- Significant energy loss if not replaced
- Won’t provide adequate insulation and soundproofing
How Is the Current Real Estate Market?
Deciding on whether or not to replace your windows ahead of putting your home on the market will depend heavily on the state of the current real estate market in your area. Ask your real estate agent if homes in your neighborhood are selling ‘as is’ and at asking price, or if newly updated properties are able to grab a higher price tag. Your realtor will have some useful insights and information about the current real estate market that you can leverage to make a sound decision.
How Much Does It Cost to Replace Your Windows?
Costs will vary depending on the size of your property, the type of windows you are choosing to install, and the number of windows you are aiming to replace. Materials like wood window frames can cost upwards of $900 per window, including installation fees. A standard window could be installed for around $500-600.
You also need to factor in whether you’ll need the existing frames removed before you can start installing the new windows. A single-family home with an average of 8-10 windows can put the cost of window replacement anywhere from $6,000-$11,000+. While that sounds like a pretty hefty investment, consider that your resale value may outweigh the initial costs.
If there are other, more pressing repairs that need to be made to the home, you may want to consider other updates like a new front door, new siding, or even a new roof to increase the resale value of the home before putting it on the market.
Contact Our Window Installation & Replacement Professionals Today
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Window World of Boston has an A+ BBB Rating and offers industry-leading window installation and window replacement services. We encourage homeowners to update their property to include energy-efficient windows and provide free estimates, installation, and warranties to accommodate any size project.
At Window World of Boston, we are providing safe at-home, virtual consultations to protect our customers. Our experts are available to answer your questions and provide estimates while meeting all CDC guidelines when we install windows, roofing, or siding. We service Boston, Woburn, Pembroke, Shrewsbury and locations throughout Massachusetts. Learn more about our products, financing options, and warranty or schedule an appointment by calling 781-262-3925 today.
