How Windows and Siding Affect Your Home’s Resale Value
At TruVista, we offer a range of beautiful, high quality, energy efficient window and siding replacement options to help you get the most out of your existing home. If you’re a Milwaukee homeowner thinking about investing in home improvement, it’s time to consider upgrading your windows and siding.
So, how will upgraded windows and siding affect your home’s resale value? This is a good question, especially when it comes to your home’s exterior features, which will be the first thing a potential buyer notices. Let’s look into how new windows and siding can work to increase your home’s curb appeal, energy efficiency, and potential resale value.
In short, yes. While making the decision to overhaul your home exterior is not to be taken lightly, these upgrades significantly increase the value of your home, as well as the aesthetics and energy efficiency. Here are some of the key ways new windows and siding can work to improve your home’s value.
Curb Appeal
Windows and siding are the “face” your home presents to the world. The exterior appearance of your home is perhaps the single most important factor in determining whether a potential buyer finds it attractive or not. TruVista’s top-quality vinyl tilt replacement windows and beautiful, low-maintenance siding will enhance the curb appeal of your home, making the property of greater interest to prospective buyers. A visually appealing exterior can create a positive first impression and significantly increase the value of the home.
Energy Efficiency
Modern windows and siding often come with improved energy efficiency features. TruVista’s energy-efficient, double-glazed windows can prevent drafts and raise your home’s overall thermal resistance, reducing heating and cooling costs. Upgrading to TruVista’s foam backed, insulated siding can also boost your home’s energy efficiency by acting as a thermal barrier, reducing heat loss during the winter and heat gain during the summer. Homebuyers are increasingly concerned about energy costs, making homes with energy-efficient features more attractive, leading to higher resale values.
Maintenance and Durability
New windows and siding require less maintenance than older materials. Low-maintenance features are attractive to homebuyers, because they are both, because they are both aesthetically pleasing and also require less ongoing upkeep. Additionally, durable materials can increase the longevity of a home's exterior, providing long-term value.
Modernization and Style
Updated window and siding materials and designs give your home a modern and stylish appearance. Having windows and siding that align with contemporary styles make a home feel current and desirable, enhancing the home's marketability and attractiveness to buyers.
Increased Home Comfort
Upgrading windows and siding enhances the overall comfort of a home. By preventing warm air from escaping in winter and keeping cool air inside during summer, new windows with advanced insulation properties and high-quality siding help regulate the temperature in your home, contributing to a more consistently comfortable indoor temperature year round. Improved comfort levels are a selling point for potential buyers, positively influencing the value of your property.
Return on Investment (ROI)
While the initial cost of installing new windows and siding can be significant, these improvements offer a good return on investment. The increased home value resulting from enhanced aesthetics, energy efficiency, and overall functionality justifies the upfront expenses.
Boosting Resale Value with Windows and Siding
Investing in replacement windows and siding offers an astonishing return on investment when it comes to the resale value of your home. According to the 2023 edition of Remodeling’s Cost Vs. Value Report, the cost of vinyl siding replacement is nearly entirely recouped (94.7%) by the resale value it adds to the home. Replacement windows recoup around 69% of their project cost in resale value.
Financial advice website Bankrate also identifies siding and window replacement as among the best renovations for increasing home value in 2023. These are two of the most cost effective home improvement projects you can undertake, with both recouping a majority of funds invested via resale value, while also adding to the curb appeal and attractiveness of your home to a potential buyer.
The Effects of Energy Efficient Windows and Siding on Resale Value
Additionally, according to recent studies and a survey from the NAHB, investing in energy efficient features like new windows and siding raises your home’s value significantly. By reducing both energy costs and your home’s environmental impact, energy efficient upgrades like new windows and siding increase your home’s attractiveness to potential buyers.
Multi-paned, insulated windows and foam-backed siding not only work to increase your home’s energy efficiency, they also help in noise reduction, keeping unwanted outside noise from disturbing the tranquility of your living space. A quiet, peaceful home is one that buyers find appealing, further upping your home’s value.
Invest in the Resale Value of your Home with TruVista
Investing in quality windows and siding is a wise decision for homeowners looking to improve resale value. By tackling these projects simultaneously, you also achieve substantial benefits in terms of efficiency, cost reduction, and curb appeal. TruVista’s team of professionals is here for you.
