New Jersey homeowners are inundated with exaggerated claims by replacement window companies claiming how much you can save by replacing your windows with their brand. Unfortunately, this practice is common in other industries as well.
Every day, advertising agencies bombard New Jersey homeowners with statistics. “Save 75% on your power if you do this!” “Save 300 plastic bottles a year by doing this!” “3,422.3 people die every year by making this mistake!” Experts in the marketing industry know all about misleading consumers by presenting statistics in ambiguous ways. Journalist Darrell Huff wrote a book all about it. “How to Lie With Statistics” outlines all the ways marketers leverage statistics to a specific advantage.
Our Numbers are Validated by Independent Third Parties
Renewal by Andersen of New Jersey isn’t interested in throwing you baited numbers. You’ll find a few statistics below, but when we give you a static, we make sure the source is unbiased and reputable. Here, you’ll find out what to consider as you weigh the cost and benefits of replacing the windows in your home.
When you’re replacing your windows or doors, it’s important to dig through all the numbers to figure out what’s really best for you and your budget. You’ve got to be able to afford the options on the table, but you want to make a long-lasting, quality choice, too. This is your home, after all. Because the cost of replacement windows will vary widely depending on your home and specific situation, you’ll have to weigh the options carefully to make the best decision.
Calculate ROI (Return on Investment)
Calculating the ROI of a major remodel is one of the more difficult guesstimations that homeowners and contractors are forced to make every year. It’s hard because everyone’s windows are different, and depending on the state of your current windows, a replacement could save you hundreds on heating and cooling costs — or not much at all if you have good windows to begin with.
According to the 2013-2014 Cost vs Value Report, which compares the cost of remodeling investments (including replacement windows and doors) against value gained, replacement windows are generally considered a high-ROI remodel, because homeowners can recoup 12-15% of their investment in the first year. The report also indicates that value is rising as the home market improves. Last year saw the largest one-year rise in return since 2005.
Atmosphere Control
One of the main reasons homeowners elect to replace their existing windows is to keep the outdoors out and to regulate your indoor temperature. Obviously, if your existing windows are particularly old and rickety, you’ll notice a bigger difference in weather-tight seals, temperature retention, and noise control with new windows than you will if your home’s windows are still in fairly good shape.
Expect the biggest energy savings if your existing windows (or their frames) are damaged. New windows prevent drafts, help muffle noise, and regulate the temperature in your home. While all Renewal by Andersen replacement windows deliver superior performance and control energy costs, some windows are more expensive than others because you get more benefit during the hot summer months with extra features that block the UV rays and control the heat gained from direct sunlight. People don’t often think about it, but you could be spending more on cooling costs from summer heat gain than you think. Consider how hot your car gets in the summer when parked outside in the sun. Your house is no different and the type of glass in your windows can make a big difference in how much it costs to keep your home cool in the summer. You spend a little more and get more in return.
Aesthetics—Inside and Out
Replacing your windows is a great way to give your home a facelift on the inside and outside, so this is also something to consider when you’re trying to balance your budget and the practical, money-saving side of things. You’ll love the improved natural light and reduced glare of Renewal by Andersen’s window options. Windows that filter out harmful UV rays (like High-Performance™ Low-E4® glass) can actually extend the life of your carpets, upholstery, and draperies inside — so factor that in as you weigh your options, as well. How much is a facelift for your home worth to you?
Other Value-Add Factors
As you can see, there is a lot that goes into comparing the cost to overall savings for installing replacement windows or doors in your New Jersey home. Along with energy savings, personal comfort and aesthetics, you need to consider tax advantages, financing options (benefits and costs), low-maintenance construction that saves you time and money normally spent painting and repairing window frames, and the increase in market value that a transformed curb appeal brings.
The best way to get a realistic estimate – with real numbers and not misleading statistics – for your home project is to schedule an in-person consultation. After a free consultation to inspect your current windows and discuss replacement window plans, a Renewal by Andersen consultant will give you an itemized price for comparison to expected returns.
Ready to schedule an appointment? Have more questions? Just pick up the phone and dial (866) 609-5033 to schedule your free, in-home design consultation. Your design consultant will be happy to meet with you at your convenience to answer your questions about budgeting or window design. Can’t call right now? Just fill out the form on this page and we’ll contact you shortly.
Check out this post for more information on the cost of replacing patio doors.
