If the windows on your home have seen better days, it is worth looking into the benefits of energy efficient windows. Many people balk at the idea of adding the latest model to their home simply because of the stigma that they carry a high cost – it pays to do your research because not only are they not as costly as you might think – your return on investment could be immense.
Your Home’s Value
A study performed by Remodeling Magazine states that homeowners can gain up to 71 percent of the cost of their windows, when they choose energy efficient models, in their home’s value. This is good news for homeowners that are considering moving in the next few years but are tired of dealing with cold air drafts and leaks in their home. Even if you aren’t considering moving, an increase your home’s value is always a good thing since your home is likely your largest investment. Most homeowners see an increase between $5,000-$9,000 in value from the addition of energy efficient windows.
Know What you are Buying
Just because a window company claims that their products are energy efficient is not enough to ensure its validity. Take the time to research every component of the window including its presence of Low-e coating, type of gas filling to assist in insulation and if there is any form of glazing on the window. There is no cut and dry answer as to what combination will work best on every home – it depends on a variety of factors including the insulation of your home, its exposure to the sun and the actual climate in your area.
Don’t Forget About Energy Savings
In addition to the value that energy efficient windows add to your home, they can also lower your utility bills. While it won’t be an extreme amount of savings that you experience every year – every dollar counts, right? Your actual savings depends on the type of windows you purchase as well as the overall insulation of the rest of your home. If a majority of your home’s drafts were coming from inefficient windows, you might see a savings between $200-$500 per year on your energy bills. Of course this is subject to a variety of factors that determine your overall savings, making it well worth your time to see how much you can save.