When considering home upgrades, savvy homeowners know that their personal likes and dislikes aren't the only things that should be considered. Most homeowners will eventually sell their homes and smart homeowners will consider the return on investment before they make the final decisions on any home improvement project. If you're a Naples, Fort Myers or Port Charlotte homeowner who's trying to decide between impact windows and hurricane shutters for storm protection, learn about what type of return on investment you can expect to receive.
Return on investment for storm and burglary protection is two-fold: resale proceeds and annual savings on 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 per year.
ROI For Impact Windows
Although most homeowners wish they could see a 100% return on investment on every home improvement project that they do, the truth is that this is virtually unheard of. However, 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.
Impact windows can also greatly reduce a home's insurance rates, which could also become a major selling point if you're trying to sell your home. Of course a lot of things can change depending on the local real estate market, but impact windows can be a wise choice for homeowners who want to increase their ROI and make their home more attractive to potential buyers at the same time.
To know that 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 and 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; homeowners can generally expect to receive about a 50% return. However, hurricane shutters can cost just 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.
While hurricane shutters might not have a major impact on the selling price of a home, they will definitely make a house or condo more attractive to buyers of SW Florida real estate.
Insurance carriers offer discounts for hurricane shutters. Even simple storm panels that are code compliant will qualify for a wind mitigation discount on your homeowner’s policy. They could be bought for as low as $2,500 and the savings could pay for the cost of hurricane protection over the course of 5 years.
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 impact windows and hurricane shutters, the professionals at Storm Solutions would be happy to explain your choices to help you pick the right one for your home.
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 (239) 288-4430 or contact us through our website.