If your windows are more than 15 years old, you may be putting up with draftiness, windows that stick in their frames, and skyrocketing energy bills. Energy-efficient windows would be a great improvement project. According to remodeler magazine, the replacement projects outlined in the “Cost vs. Value Report” that feature vinyl windows, shows that replacement window projects had payoffs topping 100%. This is an high ROI and shows that the replacement industry’s return on investment is much higher than remodeling.
Replacement Window Project Generate High ROI
Within the 102 markets surveyed in the 2015 report, 269 of the 3,672 total projects—that’s 7.3%—had payoffs topping 100%. The steel entry door job was most common, recouping all its costs and more in 43 markets. It’s no surprise that replacement jobs—such as door, window, and siding projects—generated a higher return than remodeling projects. Replacement projects showed an average return of 73.2% in this year’s report, just a smidgen below its 73.7% last year, while the cost-value ratio of remodeling projects sank to 60.8% in this year’s report from 65.1% last year
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Window Style and Shape Can Impact the Cost of Replacement Window Projects