The only advantage for vinyl replacement windows is the ease of cleaning..the ability to tip them in. Otherwise they are inferior. Your wooden windows are old and still useful and attractive. Vinyl windows will be junk in 25 years. The seals fail, the vinyl dries and cracks, the frames warp. Junk. Probably some of your wood windows are hardwood windows...these aren't even made anymore...new wood windows are soft wood. Hard wood windows like your will never be made again! Preserve them!
Your personal choice is the most important guideline, in my opinion. Something else to consider is, does your condo association make a reference in your Condo Docs?
Appraisers are extremely cautious and will keep value tied into the building. they may not take into consideration the quality, floor height, other amenities or percieved market value. They will most likely stay with the lowest comps they can find. That being said, you might get appraised at the same price as a unit in estate condition (estate condition = it might look like somone lived there for 40 years and never upgraded anything). This is troubling in a market that, based on everything you read these days, is on the uptick.
Go for the upgrade for your own satisfaction and pride of ownership. The natural market appreciation will help with value over time. Good luck.
Ellen G. Friedman, Keller Williams Realty, Cambridge
House A .........................House B
Double Pane....................Original wooden
There would be a clear, positive, value perception regarding House A.
In cold or noisy environments, the value goes even higher.
In locations where storm shutters are sometimes used...the value goes higher.
A single pane anything brings very little of value to the table
Best of success
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL
If the older wooden windows are properly maintained and kept in good condition with an exterior storm window I think you may be surprised by their efficiency . These windows have already survived quite a few years so it should survive many more with the proper care.
New windows on the other hand do not have as many maintenance issues and they offer some fantastic technology and conveniences.
I think both offer something of value but do yourself a favor dump your question into Google and you would be amazed how many responses you have on this topic.
this is a great question and I like your aesthetics. The value of the type of windows depends on the type of property. If you live in a condo building, I'd venture to say that wood vs vinyl will not affect the market value of your property. It may affect the desirability, - though but even that may not be significant enough to have an effect on how quickly the condos sell.
Generally speaking, In a classic building that is beautifully restored and whose appeal to buyers is the type of building, vinyl windows would detract from the building's value. This is much more significant in a single family than in condos. The vast majority of condo buyers will not be making an offer or deciding on price based on the type of windows. ( think of yourselves when you purchased). ( although old, damaged, inefficient windows can affect every sale/purchase).
There is an alternative - there are companies who lovingly restore wooden windows, making them comparable in energy efficiency to vinyl windows. windowrepair.com is one that has a good reputation. Usually cheaper than replacing windows but can still be a significant cost.
One thing to remember about windows - wooden windows last hundreds of years - vinyl replacement last about 20-25.
So, I'd recommend high quality vinyl replacements, ( they come in colors other than white), or repairing the wooden windows if the cost is about the same.
Good luck. I can offer you a free CMA on the value of the condos in your building if you'd like to get an idea of how much you should be spending on improvements.
all the best,
Linda Balliro, broker
Andrew Mitchell & Co