A Little Window Shopping Goes a Long Way: The Benefits of Window Replacement
If you're looking for a way to improve the value and appeal of your home in today's declining housing market, the answer is clear - literally. Start with your windows.
It Pays to Replace Your Windows
Up to 40 percent of a home's winter heat loss happens through poorly performing doors and windows. For the relatively small amount that new windows and installation cost, you can soon recoup those costs through your energy bills alone. ENERGY STAR-rated windows can reduce your bills by up to 15 percent. Not to mention the value you add in beauty and future comfort, which could significantly enhance your home's appeal for prospective buyers.
This is why the National Association of Realtors says that window replacements are among the top home improvements to make in the current economy, earning at least 80 cents on the dollar at resale - and sometimes more.
Here's one more reason why it pays to install new windows: It could earn you tax credits. Homeowners who purchase and install qualifying ENERGY STAR windows and doors in 2009 might be eligible to earn a one-time tax credit of up to $500.
Important Things to Consider
There are numerous choices available in today's windows, from low-e coatings and argon insulation to framing materials and tinting. Make sure you do your research before you go window shopping.
And finally, make sure the new windows you buy don't end up costing you more later. Consider hiring a contractor to install them. Even the highest-performing windows will fall short if they aren't installed correctly. Wherever you purchase your windows, ask about whether they work with any contractors on installation, and whether they guarantee their work.
You'll find lots of ideas and tips for window replacement on this site.
