With the recent changes in the housing market, and with interest rates at the highest they’ve been in a long time, many San Diego homeowners who might have considered moving are now staying put for the time being. They likely have a great interest rate locked in, and moving would mean a much higher mortgage payment—even for a comparable home.
If you’re going to be in your home for the foreseeable future, it makes sense to do some upgrades—especially those that will make your home more comfortable and that will also increase the value of your home for when it does come time to sell. Replacement windows for your San Diego home are a great upgrade to consider and here’s why:
Replacement Windows Save You Money on Your Monthly Energy Bills
Unlike most home improvements, replacement windows can reduce your monthly energy bills! In the summer months, you’ll find that you need to run your air conditioner much less often, and in the winter months, you’ll use your heater less because your home is better insulated after having new, energy-efficient windows installed. It’s hard to predict exactly how much money you’ll save each month because it depends on your particular home and the temperature at which you like the inside of your home to be. However, many of our customers have told us that they saw a noticeable difference in their monthly energy bills after having their new windows installed.
Replacement Windows Give You a Pretty Good Return on Your Investment
Some home upgrades allow you to sell your home for more money after doing them. Others… not so much. If you do a home improvement project that is very taste-specific, the next buyer of your home may not see any value in it. In fact, they may offer you less money for your home because they know they’ll have to spend money to change it.
Replacing your windows is a home upgrade that is pretty much universally valued by home buyers. Buyers understand that energy-efficient upgrades like this will help keep their utility costs down (see above). New windows also improve the curb appeal of a home, which any real estate agent will tell you is a key factor in getting top dollar for homes.
Current Tax Credits for Replacement Windows and Doors
Any time is a good time to replace your home’s windows, in our opinion, but now is an especially great time because the federal government is currently offering tax credits for energy-efficient home upgrades like replacement windows. You can get back up to $1,100 on your tax return when you purchase new windows and patio doors. Take a look at this recent blog post on our website to learn more about the details of the tax credit.
As always, if you have any questions about replacement windows in general, the brands we sell, or the process of having them installed, contact our office. If you’re ready to schedule an appointment to receive a quote on new windows for your San Diego home, you can contact us as well.