Likely you will not. However, don’t stop reading now that you have the answer. There are many factors to consider other than just a simple return on the investment of replacement windows. As a local window company, we’re often asked the question and we share all the factors that should go into the ROI of window replacement.
The Average ROI of Window Replacement
We use the Cost vs. Value Report from Zonda Media as our go to source. According to their research, the average cost of a vinyl window replacement in the Dallas area of ten double-hung windows is around $20,000. The resale value on a home with new vinyl windows versus a similar home with older windows is just under $12,000 more. That makes the cost recouped about 57%. Nationwide that number is a bit higher at 67%.
Factors You Should Consider in Your Decision to Replace Your Windows
The ROI of window replacement should be about more than just what you’ll get back when you sell your home. For most homeowners considering a window replacement it’s not only about recouping an investment. Most have drafty windows. Some have windows that don’t open or stay open. Here are some of the other factors to consider in addition to the simple ROI calculation.
- Lower Energy Bills – Depending on the type of window you have and what you’re purchasing to replace the windows, you could save as much as $400 a year on heating and cooling costs.
- A Potentially Longer Lasting HVAC Unit – When your windows do a better job of insulating your home against the heat and cold, your HVAC unit runs less. Every time a unit cycles on and off, it gets closer to the end of its life. New windows could add years to your unit’s life, saving you money.
- More Comfortable Home – If you’re unable to open windows, you can’t enjoy the fresh air during those months where it’s nice to open your windows. Drafty windows can leave you feeling cold or hot even when the heat or air conditioning is on.
- Increased Home Security – There is no dollar value that can be added to your home’s security, but nonetheless, it should be a consideration. If you have windows that don’t close all the way or won’t lock, your home is vulnerable.
Add the energy savings after five years (which equals around $2,000) and credit yourself $1,000 for fewer AC repairs or a longer life out of your unit and you’re much closer to recouping your investment, not to mention the positive that can’t be measured in dollars.
Let Affordable Replacement Windows Help You
Ask anyone who has bought windows, doors or siding from us, we are an honest company who wants you to understand your purchase fully, including the true ROI. They’ll also tell you that we have many quality affordable options. Call us today experience the Affordable Replacement Windows difference. Call or text (817) 264-6509 for your free estimate.