If you’ve found your way to this blog, you’re probably trying to find the home remodeling project that is the biggest bang for your buck. However, the average ROI for each project varies wildly depending on what part of the country you are in. For example, a basement addition is a much better investment in the Midwest than in the southern states.
If you are a Houston homeowner, one of the remodeling projects you probably want to consider is windows. Window replacement (vinyl and wood) was recently ranked one of the top home improvement projects for the Houston area by Remodeling Magazine. The 2013 Cost vs. Value Report, one of the most respected in the remodeling industry, measures the ROI for a variety of remodeling jobs. Here’s how Houston compares to the rest of the USA on window return on investment:
Vinyl Window % Cost Recouped
Rest of USA: 71.2%
Wood Window % Cost Recouped
Rest of USA: 73.3%
What does this mean? Let’s say you install some new wood windows on your home. If your project costs $10,027 (the Houston average), you’ll get an average of $8,576 back when you sell the home. That’s an 85.5% return on investment.
Okay, but what about the other 15% I spent? Another thing to remember about replacing your windows is the money you’ll likely save in energy costs. Look at the picture on the right. See all the red and yellow areas? That’s where heat is leaving and entering your home. Replace your old builder grade windows with newer ENERGY STAR rated windows and you’ll save 7-15% on your energy bills according to the EPA.
Why Best Investments for Houston Windows?
- We will not be undersold; 9 out of 10 times we are the best price in the Houston area
- Thousands of Houston siding projects completed since 1977
- A+ BBB rated & Angie’s List Super Service winner
- 2008 – 2012 NARI Contractor of the Year (Region V South Central Residential Exterior Under $100k)
For a free quote on Houston windows from Best Investments, give us a call at 281-852-1866!
Source: Remodeling Cost vs. Value Report 2013