5 Reasons Why Installing New Windows Boost Tenant Occupancy
by Groot Ethkeens Real Estate Content WriterWindow replacement may not look like one of the most significant parts of an exterior renovation strategy; however, it's an important consideration when it comes to adding value to a property. Ask any multifamily general contractor, and they would tell you how window replacement not only helps to make a property energy-efficient but also enhances its curb appeal. Here are five ways how window replacement can enrich the living experience of the occupants, and also attracts new renters.
1. Reduces Energy Consumption
Installing new windows is one of the easiest and safest ways to reduce the energy consumption of your tenants as the windows keep heat out in the summer and cold in the winters. According to the federal government’s ENERGY STAR website, installing Energy Star windows in every house of the US can help save around $134 billion.
2. Enhances Curb Appeal
Even trending paint colors on a building's exterior lose their shine if the windows of a building are old or worn out. It’s important to keep in mind that exteriors create the first impression about a property, and you want it to be as positive as possible. Fortunately, several quality window frames are available in the market that won’t burn a hole in your pocket. Window frames made of materials such as Vinyl are economical than wood and hardly require any maintenance.
3. Quieter and Brighter Interiors
Windows greatly insulate a property from the outside noise and protect it from the nature’s fury such as storms and rain. By allowing more light in the dark areas of your house, they make the interiors look brighter, thereby improving the living experience of tenants. Due to natural lighting, there is no need to use artificial lights during the day time.
4. Increased Sense of Safety
When renters come to visit your property, they consider all the aspects of a property starting from the lock on the entry door to the quality of windows installed. It is a sensible approach on their part as they want to ensure that the house is safe from external threats such as break-ins. Keeping this mind, make sure that the windows of the property are strong and well-maintained. To provide an increased sense of security, you may consider installing poly-carbonate windows that are hard to break or crack and much stronger than glass.
5. Reduced Health Hazards
Various studies have proved that installing energy-efficient windows not only help tenants lower their energy bills but also reduces lead paint hazard and improve the outdoor air quality. It is because power plants emit less sulfur dioxide (SO₂) and nitrogen oxides (NOx), and also due to low dust lead loading on bare floors.
Conclusion
Experienced multifamily general contractors would tell you how crucial it is to install new windows for making a property more user-friendly and safe to live. Replacing old windows, in fact, is one of the easiest and fruitful ways to increase the resale/rental value of any property.Sponsor Ads
Created on Dec 31st 1969 18:00. Viewed 0 times.