ROI on Home Improvements: Windows, Doors, and Siding
Unless you are in your forever home, think about how each home improvement project will affect the value of your house. Before you spend thousands making cosmetic upgrades to your home and yard, do a reality check – and research the return on investment for new windows doors, and siding. Spoiler: you’ll find that replacement windows offer an even better ROI than a bathroom addition!
What is ROI?
Return on investment (ROI) is a calculation of the value of an investment versus its cost. Homeowners concerned about their homes’ market value may consider a project’s ROI before making changes to their homes.
For this article, we will refer to the national averages found in this report, which compares the average costs for 22 remodeling projects with the value those projects retain at resale. Not surprisingly, windows doors and siding ranked high on the list.
Energy-efficient windows (installed by professionals) ranked fifth on the list of home improvement projects with a high ROI. Home buyers rank window installation so highly because new windows improve the energy efficiency of a home – while also enhancing the home’s curb appeal.
If you know you will be selling your home in a few years, invest in quality windows now – so you can enjoy the beauty and security offered by your new windows before selling your home to the next person.
Home buyers love quality vinyl siding because they understand that such products require little (if any!) maintenance. When selecting a siding company, find a local company with high customer satisfaction ratings. Ask about transferable warranties to appeal further to home buyers.
Entry Doors (And Don’t Forget Your Patio Door!)
Entry door replacement yields a 63.8% return on investment. A new door – and a beautiful entry – are memorable and will make your home stand out from others on the market.
Home buyers want a stress free experience. If they know that many years will pass before they even have to think about new windows and doors, they may be willing to pay a bit more for a home. So, if you know that you will be selling soon, contact Woodbridge Home Solutions today.
We offer quality products (and quality work!). We have a wide selection of windows and doors to improve your home’s energy efficiency and curb appeal. And if it’s time for new siding, we can help you with this project as well.
Schedule a free consultation with a member of our team. We provide doors, siding, and replacement windows in Dallas, Amarillo, Lubbock, and surrounding areas in Texas and Kansas. Give us a call today!
Pay attention to how your next home improvement project affects the value of your home.
Choose quality materials and highly rated brands – and select a company known for expert craftsmanship and service.