According to — Seeking Alpha, “The homeownership rate in 2016 was the lowest in 50 years, as renting has been increasingly the more frequent choice compared to purchasing.” accordingly, owning a house in today’s economy is a great and rare thing; for a house is considered a huge financial investment and asset. Protecting this asset and increasing its value over the years requires regular maintenance for its interior as well as exterior. Old and inefficient windows, without a doubt, affect a house’s curb appeal and value and might also cause a huge drop in its resale price.
That is why replacing old windows and doors is a smart way to add value to a home. Especially in the modern day market, where everyone looking to buy cares about energy efficiency and smarter homes. Having high-quality home windows certainly increases a home's curb appeal and value in the current real estate market.
First impressions are very important; having old and outdated windows will most probably affect the initial reaction prospective buyers get when they walk into a house. It might also make them question the state of other structural aspects and interior.
With rising heating and cooling costs, energy efficient windows are a must-have for all home buyers. Modern windows, when well installed and insulated, will keep a home cool in the summer and warm during winter, as they won’t leak energy, cutting the energy consumption to more than half and saving money, according to home improvement experts, homeowners can recoup up to 60%-90% of their costs when investing in energy-efficient windows, as they essentially pay for themselves by saving money usually paid on energy.
New windows also save lots of time and money usually spent on maintaining them every year. In addition to that, replacing old windows will let in more sunlight, while keeping the sunbeam out, giving a home more cheer and brightness, and allowing its inhabitants to use less artificial lights, and consequently, reduces electric bills.
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