As a homeowner, there are always multiple projects around the house that need to be done. The question is which one to start with. When not knowing the answer to this question assess the project that’s going to be worth your time and money. Many people believe the major home renovations such as remodeling a kitchen or bathroom will get you the most significant return on investment, but that’s not always the case. It’s not to say that these renovations don’t add some value to your home, but it doesn’t give you the biggest ROI. What’s going to add comfort and save you money on your energy bill?
Replacement windows have the ability to save you a substantial amount on your energy bill. Does it matter if you buy a single-pane or double-pane window? Yes, it does. Single-pane windows don’t offer any insulation between the glass. Double-pane windows are insulated, they are built with two layers of glass. The two layers provide the insulation because it helps to slow down drafts. The technology in many of them is filled with insulating gas that absorbs UV rays and wind before entering the home. Although these windows are more expensive than single-pane, they save you money on your electric bill. When purchasing a double-pane low-e is very important. Low-e coating helps to keep the good in and the bad out.
Return on Investment
Replacing your windows have a return on investment of about 70 to 80 percent. That’s a significant ROI. That is also depending on the window you buy and your area’s market. Vinyl windows are typically the best option if you’re on a tight budget. The energy efficiency of these windows is similar to a fiberglass or composite frame. Many find wood frames to be the most aesthetically pleasing, but they are the more expensive window. The window style you choose does affect your ROI. Keep in mind the things we covered about a single-pane and double-pane window. The better options are usually more expensive but in the long run provide you with a better investment.
Is it worth the cost?
There are many benefits to replacing your windows that people don’t realize. If you’re wanting to reduce your energy bill while increasing the comfort and value of your home, that’s the project to choose. Even the Department of Energy says that replacing old inefficient windows is a good thing for the environment. It’s safe to say after looking at the benefits replacing your windows can provide, it’s worth the cost!