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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I did think about the cost savings of new windows. Let's assume you're quoted 30k for new windows. How much will you actually save in heating costs? There's maybe 4-5 months of the year when heat is on with a significant difference from exterior temperatures. If my heating bills dropped by half between November and March, I would save maybe $1200-1500 at the most. Probably $1000 is more realistic.

It'd take me 20-30 years to recover the costs plus all the lost opportunities of investing in the market. [/quote]

They guesstimate that new, energy efficient windows will give you a roughly 70% increase in your home value based on your investment.

So, to put it in your terms, you are investing $30,000, seeing a $22,000 return in Year 1 (70% * $30,000 of increased home value, plus $1,000 in energy savings), and then $1,000 a year thereafter.  You are recovering your costs after 9 years.

[/quote]

Snake oil salesmen, eh? Making up numbers while beaming at you.

You forgot to factor in market gains from leaving 30k in your funds for that 9 years.

Like most home improvements, it's never going to be something that pays for itself but you can get utility out of it. Exceptions, sure, like with anything.

[/quote]

Not making up numbers…just correcting your incorrect assumptions.  Didn’t say it’s better than market gains, but it’s better than buying bonds or a money market if you have $30k that’s not invested.  [/quote]

Not a single piece of reliable evidence new windows get 70% of their value back. Am familiar enough with this trope as an experienced homeowner who's done a few renovations.

[b]You could spend the 30k, then there's a recession and home prices drop.[/b] Or flatline.  You put the 30k into windows and discover you need to move two years later for whatever reasons.

It's a snake oil claim. I can tell, from the way you place one extremely optimistic pro new windows outcome against one extremely negative keep money in boring bonds, while ignoring every house is different, every market is different, every homeowner is different. That said, yes, windows frequently do need replacing. You're just unlikely to get the money back the way the salesmen claim while driving home a deal. [/quote]

If there is a recession...guess what, the stock market will drop a ton as well.  I don't know what you consider reliable evidence, but here is what Google says:

Consumer Reports and other sources suggest new windows offer a mixed financial payback, recouping roughly 70-85% of costs via increased home resale value (like vinyl recouping ~76%), but energy savings alone often take decades (20-50+ years) to offset the high installation costs, making it more about comfort, reduced drafts, and potential energy bill reductions (up to 15% for Energy Star) rather than a fast financial ROI, unless your old windows are extremely inefficient or you get significant tax credits/rebates. [/quote]

Yep. Love the no citation, no data parroting point that is blindly repeated by salesmen. Note that even Consumer Reports here only says "suggests" which is not the same as a factual truth. It's a "maybe" because even CR knows theres some limits to what they're saying. And goes on to admit strictly on energy costs, it takes decades to recover.

I've watched fully renovated with new windows sell for the exact same price range as estate sales because of scarcity of inventory. I've seen bad flips with new windows sit forever while older unrenovated properties sell with multiple offers. I've seen the real estate market in every condition from boom to bust to know making the claim you get your money back guaranteed on XYZ utterly laughable. Love these salesmen.

Hey, I have replaced windows. I know the deal. [/quote]

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