Siding and window replacement can boost your home’s value. For the average homeowner, this can sound a bit vague, especially if you’re not expecting to sell or rent out your home. We take a look at what it means to boost your home’s value and what siding and window replacement can do for your home.
How Siding and Windows Affect Your Home Value
You can easily increase the value of your home by replacing the siding and windows. From the buyer’s point of view, buying a home that has had major exterior home improvement projects done recently means they won’t have to spend more money on renovations soon. Some financial experts agree that replacing the siding and windows is one of the best things you can do to your home before selling it.
Full siding or window replacements may be less expensive exterior improvement tasks, but they still require careful investment planning. On average, updating your windows will give you a return of up to 74%, and putting on new siding will give you a return of about 76%. Most of the time, though, it’s worth spending money on new siding and windows because potential buyers look at the benefits they’ll get, like better energy efficiency and better protection from the weather.
ROI From Siding and Windows
The 2022 Cost vs. Value Report from Remodeling Magazine lists siding and window replacement as two of the top 10 projects with the largest cost recoveries, at 63.7% and 57.7%, respectively. Fiber cement siding can make the insulation of the outside walls better, which can help you save money on your heating and cooling bills. Low-maintenance options may also save you money on cleaning tools and supplies or on hiring someone to do it for you.
Similar benefits come from replacing windows. Since standard single-pane window glass doesn’t insulate well, it’s the most common cause of thermal transfer, which means heat loss in the winter and heat gain in the summer. You may fix this issue and improve the energy efficiency of your home by switching to windows with insulated glass.
Tri-County Contracting is a full-service exterior remodeling contractor that offers a comprehensive range of exterior remodeling services. Let us make your home more beautiful, durable and energy-efficient. Get started with your window and siding consultation today by filling out our contact form or calling us at (262) 679-6100. We serve clients in New Berlin, WI, and the surrounding communities.