Spring is just around the corner, and that means an uptick in the housing market. With more houses going on the market, if you’re thinking about selling, you’ll need to make your house stand out, so you can get top dollar in resale value.
In other words, home improvement is next on your list; if your paint is peeling, slap on a fresh coat, and if things are broken, fix them. These are items that would change the minds of potential home buyers, rather than make an offer.
The bottom line is the bottom line: How much value are you going to get out of the time and money you put into a home improvement?
Are You Willing to Improve Your Home’s Resale Value?
One improvement that’s almost guaranteed to improve the resale value of your home is window replacement. Why? Here are three reasons:
If you’ve got old, single pane windows, or window that are cracked/frosted, you’ve got an eyesore on your hands. And while these defects might not be noticed in the “curb appeal” of your home, once potential buyers get inside, they can obviously see that they can’t see clearly out of the windows. And that leads to the next logical question: If the windows are in this bad of shape, what else is wrong with this house?
It’s not just about the looks, though. Old windows mean high-energy costs. New home buyers are typically looking at several houses and narrow their lists down based on location, price, and style. In the end, if all those criteria are roughly the same, potentially high-energy costs could be the reason your house doesn’t make the cut.
Every home buyer knows that eventually, they’re the ones who are going to be replacing the things that break. Windows are just one of the items home shoppers are going to check out along with appliances, HVAC, and the outside appearances, such as the siding and roof. If the new owners know they’re going to be on the hook for new windows in the immediate future, guess what happens to their offer for your house? It goes down, or worse, disappears.
As of 2016, homeowners could expect to recoup 72-73% of their investment in new windows in the resale of the home with an additional $10,000-$13,000 added to the resale value. That’s one of the highest levels of return for any home improvement feature.
Start Your Home’s Updates, Today
Whether you are considering selling you home or just looking to do some updates, contact us to learn more about our quality window options. Since 1953, we have been serving homeowners in the St. Louis area with home improvements. Don’t forget to sign up for a FREE estimate and access to our window and door buying guide.DOWNLOAD GUIDE Request Free Estimate