Egress windows are more than a safety feature; they can also be a compelling asset when it comes to the overall value of your home. Whether considering an egress window for safety compliance, peace of mind, or to enhance your home’s resale value, it’s essential to understand their potential return on investment (ROI).
Home appraisers and market analysts agree that egress windows can add between 10% to 20% of the installation cost to the appraised value of a property. This uptick in equity is not only due to the safety and additional living space benefits but also because of the aesthetic and functional improvements an egress window brings.
In regions prone to natural disasters, such as tornadoes or floods, having safety equipment like egress windows can lead to lower insurance premiums. Additionally, for homeowners looking to expand their living area, egress windows open the possibility of creating or expanding bedrooms in the basement.
When it comes time to sell your home, the presence of egress windows can improve the pace of the sale and give you a stronger negotiating position. Fewer items for buyers to negotiate over or address in home inspections provides a significant advantage. Furthermore, being able to list a basement space as a legal bedroom increases the home’s appeal to a broader range of buyers, potentially leading to a faster, more profitable sale.
Contact Standard Water Control today for a free, no obligation, consultation about your new Egress Window.