Before you cash that tax return check, it’s smart to have a plan for how you’re going to use it. Upgrading your home’s windows might not be the kind of fun you had in mind, but it’s a smart move for anyone eager to turn that tax return into a sound investment.
New windows and doors offer improved insulation as well as new weather-stripping and sealant to eliminate drafts and unwanted heat loss. According to Energy Star, replacing your windows and doors can save the average homeowner up to $465 per year on heating and cooling costs.
Unlike other aspects of home maintenance, the cost of new windows is easily recovered. Upgrading your windows throughout the house can significantly increase your home’s resale value, building equity if you decide to sell your home down the road.
According to CNBC, every $10,000 spent on new residential windows can produce an average $8,500 increase in your home’s value. This means that 85 percent of the cost of new windows is immediately recovered in the form of home equity—and this doesn’t even account for heating and cooling savings.
Upgrading to Infinity from Marvin replacement windows provides homeowners with more glass and less frame for each window, which improves the view of the outside world while allowing more natural light to enter the home. Even as you build home equity and save on heating and cooling costs, you’ll be able to enjoy a better view from the comfort of your home’s interior, while also upgrading its curb appeal.
It’s tempting to blow that tax refund on high-priced luxury items or dream vacations, but homeowners would be smart to reinvest that money into a home upgrade that will pay dividends for years to come. To learn more about your window upgrade options, contact us today.