Everyone is aware of the obvious functions that windows and doors perform as entrances and openings for traffic and light, but did you know that doors and windows can actually add significant value or ROI to your home for resale?
Return on Investment in real estate, (or ROI) is a common term used to calculate and then determine which project investments will deliver a profit. Projects with the highest ROI should be at the top of your list if you are considering reno projects for resale. On that note, there is no better ROI for home improvements than a front door or window replacements.
In fact, a new front door has a high Return On Investment (ROI) that’s estimated to be as high as 90%. This figure is second only to insulating your walls which has an even higher ROI for homeowners.
Windows have a similar ROI, which many experts put at about 85%. That means, if you spend $10,000 on beautiful new windows for your home, it can boost the value of your home by as much as $8,500 when you go to sell it. In the meantime, you’ll get to enjoy the functional beauty high-quality doors and windows provide that ultimately make your home a more enjoyable place to live.
There are a few critical factors that influence how much value doors and windows can add to your home:
- Their ability to block drafts and keep the home more comfortable during any time of year.
- How they lower your energy bills by helping to regulate heat and cold in the home and keeping unwanted moisture and air out.
- The curb appeal they add to your home, as well as their hardware like locks and handles, should not be underestimated.
- Doors and windows with anti-theft and more secure locks are another way to add value to your home. In fact, these are big draws for people when they’re shopping for a new home that can also impact the odds of them buying your home.
If you’d like to learn more about the value new doors and windows add to your home, call or come by Complete Windows today and speak with our friendly staff!