Prices on virtually everything are climbing. One of the latest popular internet posts from Christmas 2023 was the ‘Home Alone’ groceries image. What once cost $19 in the early 1990s now easily exceeds $75. While many of us are doing our best to compare prices over the web, use coupon apps, and schedule shopping pick-ups to avoid grabbing extra items, pricing for everything isn’t so readily available.
At Milanese Remodeling, we are happy to consult with our customers about the current prices of remodeling. From new siding to new, energy-efficient windows, we want our customers to have accurate estimates when it comes to their home upgrades. Another way customers can access these numbers is by checking out Remodeling Magazine.
The Cost of Replacing Your Windows
Every year, Remodeling Magazine issues a Cost vs Value report for homeowners to compare the average cost for popular remodeling projects. This report also calculates how much value these projects can add to the resale price when the homeowner sells their home. 100 markets are represented in Remodeling Magazine’s Cost vs. Value Report. Homeowners can find out the average cost of each of these projects for the nation, their region – even the city where they live! Replacing windows continues to be a good investment for homeowners nationwide because they retain most of their value when a homeowner decides to sell. According to the 2023 Window Magazine Cost vs Value report:
- The national average cost to replace windows retains 68.5% of its value at resale.
- The average cost of new windows in the Mid-Atlantic Region is $21,772 and adds an average of $14,325 to a home’s resale value
- The average cost of new windows in the Philadelphia area is $21,802 and adds an average of $12,674 to a home’s resale value.
For the 2023 Window Magazine Cost vs. Value report, the data comes from a project that involved:
- Replacing 10 existing 3×5-foot double-hung windows with insulated, low-E,
simulated-divided-light vinyl windows with a custom-color exterior finish. - Trim exterior to match existing; do not disturb existing interior trim.
- Trimming the exterior to match existing; do not disturb existing interior trim.
Factors That Affect the Cost of New Windows
The Cost vs. Value report from Remodeling Magazine is a great place for homeowners to start getting information about the cost of replacing windows, but for specific advice and cost estimates it is always best to consult with a professional. A well-respected, licensed, and insured remodeler who offers quality products and local references is the best resource to determine the true cost of this home improvement project.
- Labor costs can vary from house to house, based on existing conditions.
- For a remodeler to provide accurate prices for any home improvement project the homeowner should invite them to visit their home so they can inspect existing conditions and properly estimate labor costs.
- Homeowners have different tastes and needs. The products they select will influence the price.
- Homeowners who discuss the problems they have with their existing windows allow their contractors to calculate material costs for products that actually solve their problems.
- The remodeler’s labor estimate and the cost of products the homeowner selects will ultimately determine the price the homeowner will actually pay for their remodeling project.
New Windows from Milanese Remodeling
Remember, the cost vs. value of replacing windows does not include money saved on energy and maintenance costs. That means, the earlier windows are replaced, the more money a homeowner may also save on energy and maintenance before they sell. Check out 2 other ways your home may be costing you money.
Also remember that living in a home that looks better, is quieter, more secure, and more comfortable because of new windows has value, too! To get started, check out our guide for choosing the windows that best suit your home, or schedule your free consult with our team at Milanese Remodeling.