A savvy homeowner who's considering upgrading their home knows their likes and dislikes aren't the only things they need to consider. Most homeowners will eventually sell their homes, and smart homeowners consider the return on investment before they make final decisions on any home improvement project.
If you're a Naples, Fort Myers, or Port Charlotte homeowner who's debating hurricane windows vs shutters for storm protection, learning about what type of return on investment you can expect to receive is the first step toward protecting your home and making a sound financial decision, as well.
Return on investment for storm and burglary protection is two-fold with hurricane windows vs shutters. There are resale proceeds, but you can also expect to see annual savings on your homeowner’s insurance premiums. On an average SW Florida home, all new code-compliant hurricane protection could qualify for up to $500 in insurance premium savings every year.
ROI For Impact Windows
Although most homeowners wish they could see a 100% return on investment on every home improvement project they do, the truth is: it isn't realistic. Still, impact windows do offer one of the highest returns on investment in the home improvement industry.
Homeowners can expect to see between 80% and 86% of the original price of installing impact windows reflected in their selling price when they list their home! For example, if you spent $5,000 for impact windows, you could expect to get back around $4,000 to $4,300 of that cost in the sale price of your home.
Enjoy Some Big Insurance Benefits
Impact windows can reduce the cost of homeowner's insurance, which can become a major selling point in the future. Of course, many things can change depending on the local real estate market, but choosing impact windows can be a good idea for homeowners looking to increase their ROI. It makes their home more attractive to potential buyers.
To ensure you're choosing quality impact windows and getting a guarantee on installation, make sure to work with a qualified contractor, such as Storm Solutions. We're knowledgeable in the latest industry technologies with hurricane windows vs shutters, and we can help you choose the right impact windows for your home.
ROI For Hurricane Shutters
The return on investment for hurricane shutters is less than the ROI for impact windows, which can help homeowners who are thinking about hurricane windows vs shutters choice. Homeowners can generally expect to receive about a 50% return on their hurricane shutters cost.
However, hurricane shutters often cost a fraction of the price of impact windows. So, when budget is a factor and storm protection is a priority, many homeowners are not as concerned with long-term ROI. Spending $2,500 on hurricane shutters may mean a homeowner sees about $1,250 in selling price increase for their home.
Added Value for Your Home
Hurricane shutters may not have a major impact on the selling price of a home, but they will definitely make a house or condo more attractive to most buyers of SW Florida real estate.
Insurance carriers frequently offer significant discounts for hurricane shutters. Even simple storm panels that are code-compliant can qualify for a wind mitigation discount on your homeowner’s policy. These can be purchased for as low as $2,500, and the savings could pay for the cost of hurricane protection over the course of just five years.
So, what's the bottom line on hurricane shutters vs impact windows cost? High-quality hurricane shutters are still a popular and affordable choice for storm protection for many homeowners, while the more expensive option of impact windows is a better investment for ROI down the road.
If you own a Southwest Florida home or business and are interested in learning more about the difference between hurricane windows vs shutters, the professionals at Storm Solutions are happy to explain your choices. Then you can pick the right option for your home and your budget.
Reach Out to Storm Solutions Today!
To set up a no-obligation impact window or storm shutter consultation in Naples, Marco Island, Fort Myers, Cape Coral, Port Charlotte, or the surrounding areas, please call us at (239) 288-0232, or contact us through our website. We're here to help you protect your SW Florida home.