When determining your home improvement needs, it is easy to start by thinking about big projects that can offer added aesthetic value, such as remodeling a room. Though these projects can certainly be rewarding, they are not always practical for Waukesha homeowners due to financial and time commitments. Instead, it may be wiser to look for more practical renovations that might offer a high(er) return on investment — such as installing new windows.
Even if the benefits of installing new windows may not be as immediately evident as those of other improvements, this does not mean that it has no value. An estimated 85% return on investment (ROI) makes it one of the home improvement projects with the best ROI percentages possible.
Because there is no universally accepted formula for determining how much of your initial investment you will recoup, many homeowners look for ways to estimate the ROI they can expect when installing new windows. To that end, this new windows contractor in Waukesha, Wisconsin is going to discuss some of the things to consider.
Save money by installing new windows.
Installing new windows in your Waukesha home can increase its market value by thousands of dollars — and with an average ROI of up to 85%, it is easy to see how the investment is worthwhile. However, a higher home value is not the only benefit of working with a new windows contractor in Waukesha, Wisconsin. Installing energy-efficient windows can also save on your monthly energy bills and help you recoup more dollars from the installation.
Depending on where you live, you may find that some energy-saving options are more effective than others. ENERGY STAR-certified windows can lower a home's annual heating and cooling expenses by about 12%, making them an attractive option for those who live in areas with colder climates, such as Waukesha. However, homes located in warmer areas may benefit more from windows with a low-emissivity coating. These windows reduce solar heat gain while reflecting air conditioning into the home.
Choosing to install energy-efficient windows may increase the overall cost of your window installation project. However, these windows should result in annual cost savings over time through lower energy bills. If you live in a region with relatively high utility rates, it may be worthwhile to explore these options and incorporate them into your financial plan.
Explore available incentives and rebates.
When calculating the ROI for your window installation, one more factor to consider is the availability of rebates and credits in your area. Many local utility providers offer a rebate on a per-window basis for ENERGY STAR windows and other energy-efficient window options. This could allow homeowners in some areas to receive rebates that are worth hundreds of dollars per window. You can get in touch with your new windows contractor in Waukesha, Wisconsin to see if they offer any rebates.
Furthermore, there are many government incentives that can help offset the cost of energy-efficient improvements. You can look for the latest state and federal energy-efficient incentives and rebates by checking out the Database of State Incentives for Renewables and Efficiency (DSIRE).
What This Means for Your Wallet
Installing brand-new windows brings value by increasing the market value, energy efficiency, and overall aesthetics of your Waukesha home.
Installing brand new energy-efficient windows can yield a higher ROI than many other home improvement projects. However, you will want to hire a new windows contractor in Waukesha, Wisconsin to get the most out of your new windows.
Looking for a New Windows Contractor in Waukesha, Wisconsin?
Installing new windows can be a fantastic investment in your home. Are you ready to have your windows replaced? If so, and if you’re looking for the premier new windows contractor in Waukesha, Wisconsin, you’ve come to the right place — WASCO Windows is the company to call. Contact us today to get started.