Blog

Investing in new windows can offer you some of the highest returns on investment while upgrading your curb appeal. They are built to be more durable, soundproof, and safer, but their biggest drawback is the cost. 

If you've been looking at payment options, the Window World Twin Cities experts are here to explain the pros and cons of financing your window replacement project.

You’ll Get a Return On Investment in Energy Efficiency

One of the most important benefits of replacing the windows is higher energy efficiency. New windows are designed to protect and keep out the elements more efficiently than ever, so your monthly energy bill goes down, and there's less pressure on your HVAC system to maintain the desired temperature.

Your Comfort Is Worth It 

Dealing with drafts is uncomfortable; The worse they are, the more money goes out the window. 

Opting to finance a new window installation will give you better insulation, which will improve your energy efficiency levels because those pesky drafts have no way of entering your home and keep your space more comfortable.

New Windows Boost Home Value 

Any improvements you make to your home will increase its value, and there's no question that new windows will offer you a much higher ROI than other improvements by up to 85%. 

Brand-new windows are also an attractive commodity if you're planning on selling your home, and when this is combined with efficiency levels, financing the replacements can be the best option.

Potential Cons of Financing Window Replacement 

While financing can be the best choice to improve your property and lower your monthly bills, there are a couple of important drawbacks.

It's One More Monthly Payment

The truth is that financing anything will give you one more monthly payment. This is why it's important to understand your budget to know what you can afford and to determine if the advantages of increased energy efficiency levels, less wear and tear on your HVAC system, and improved property value are worth taking on the additional payment.

It Might Not Be Worth It If You’re Moving Soon

Even with the high return on investment, financing new windows might not be the right option if you plan to sell your home immediately. 

While it can make it easier to sell your home, if it takes longer for the property to close, you could be stuck with this additional loan even after you've moved.

5 Tips to Save Money During Window Replacement

It's tempting to have your provider do all the work, but a few time and money-saving options exist for the money-conscious homeowner. 

Window replacement, repair, and removal are costly, but you needn't let the service person call all the shots. Sure, your providing company has your best interests in mind, but they're not on your end of the bill. 

Check out these money-saving tips and maximize your window project's worth!

1. Go for Efficiency, Not Size

First, you should aim for efficient windows instead of big ones. 

Understandably, you might be bound by the frame's size. That said, you can absolutely extend the remodel to accommodate a smaller-sized window. It'll initially cost more money, but the long-term benefits of a smaller, energy-efficient window are astounding. 

Measure out expected utility expenses, determine your new budget, and see if resizing the space fits in.

2. Install a Light Tube

If you're aiming for heightened natural light and thinking a new window can supply it, take a minute to consider another option. 

Hallway light tubes slipped between roof rafters can shine sunshine into a living space, alleviating your need for a window altogether. They're inexpensive, effective, and easy to install.

3. Ask If You Can Source Some Materials Yourself

Not all discarded building material is trash. In fact, many home renovators have saved thousands in building materials by pinning down odds-and-ends stock left from a contractor's other job. 

Call your contractor's current customers, visit the site, and ask about removing excess material. 

You'd be surprised how much is "dropped off" for simply being spare. If you can source some of a project's materials, you can greatly reduce costs.

4. Purchase Education Instead of a Job

Some contractors offer mentoring and consulting services. While you'll be putting in the end-game legwork, you can save a great deal of money by purchasing education over services. If you have time on your hands, you can afford a few mistakes. 

Many contractors are fantastic teachers, and a few are certified to offer in-depth training sessions. Plus, information lasts if you use it. Not all goods are tangible.

5. Go With Look-Alikes

When planning your window project, consider alternatives to typical materials. If you plan to install a wooden frame, settle for clear-grained hardwood over mahogany. 

Even if you're not going with a rustic, wood-crafted look, you can still create an expensive-looking design with inexpensive materials. If you can't source the materials yourself, go with inexpensive alternatives. Windows are rarely scrutinized for their surrounding materials.

A lot of industry professionals suggest going easy on window installations. You have a lot of options, money-wise, and you shouldn't have to destroy your bank account to pull them off. 

Remember: Less is more. If a project seems exceedingly costly, it probably is. 

Take charge of your options, examine a lot of alternatives, and pick the approach most likely to spare expenses while delivering a quality installation. The design is yours to decide. Sometimes, the price is, too.

Expert Window Replacement Financing in the Twin Cities

In a perfect scenario, being able to pay for every purchase outright is ideal; however, in most cases, when you're making a large investment, it usually means financing is going to be part of the package. While you might feel hesitant to add on an additional payment, choosing a reputable contractor that offers a great program can make all the difference in your experience. 

The Window World Twin Cities team offers secure financing and easy-to-use benefits so you can get your project started today! Since 2002, our primary goal is to provide exceptional craftsmanship and high-quality products to homeowners and businesses in the Twin Cities area, and we also offer exterior door and new siding services to keep your home looking its best.

Getting started is just one click away, or you can reach out to our local office at 651-770-5570 to connect with our team.