If the windows in your home are fairly old, you may be wondering whether switching them out with new, energy-efficient models is a wise financial investment. Before you can make that decision, you need to know the basic facts. Karin Beuerlein of House Logic presents these facts in her informative article, What You Need to Know About Buying Energy-Efficient Windows.
She advises that if your windows are more than 15 years old and they are drafty, getting difficult to open and close, are cracked or broken, or have begun leaking water, then replacement windows are a good idea. And as long as you are replacing all the windows in your home, you might as well go for the more expensive, energy-efficient models, right? Unfortunately, this is an expensive job so you have to weigh out the costs versus the benefits to decide if it really makes good financial sense.
Some of the benefits of new, energy-efficient windows are you get a warmer, cozier house in the wintertime, a cooler house in the summers, and more attractive curb appeal. But for most homeowners, the real importance is in the numbers. So how much can this large investment actually pay off? Beuerlein does the math.
She states that you can save up to 15 percent on your annual energy costs, but if you are merely replacing the windows to get savings in heating and cooling costs, you might be able to achieve the same savings for much less money by simply investing in more insulation, sealing air leaks and repairing windows that need it. Of course, this won’t solve your problem if your windows are an eyesore or a nuisance to open and close. In many cases, new windows just make more sense.
Beuerlein reports the cost of purchase and install Energy Star-qualified windows can range from $270 to $800+ per window, warning that the windows at the lower end of that spectrum are typically less energy efficient than their higher-priced counterparts. According to Beuerlein, if you go with mid-range vinyl windows, you can recoup as much of 72% of the cost of new windows through increased home value. This means that the average homeowner can add about $8,000 to $10,000 to the value of their home just by undertaking this home improvement job.
Learn more by reading the full article here and then, armed with the numbers, you can make the decision about whether to replace your windows, and if you do, whether it makes good financial sense to choose energy efficient units. Regardless of what type of window you go with, you will want to be sure that they are properly installed. That is where the experts at Baltic Home Improvements come in. We can do the window installation job on your Chicagoland home with high-quality workmanship. Contact us today to learn more and to schedule an appointment for an estimate for your window replacement job. We look forward to meeting you.
Image Source: Spencer Means