Window replacements are a great way to improve the energy efficiency of your home. Whether you’re looking for classic casements or stylish sliding windows, it’s important to choose products that can help lower your energy costs. While the upgrade will definitely help save you some money in the long run, they can be quite expensive initially, which is why proper budgeting is necessary to help lessen the usual stresses involved in this project.
The cost to replace your windows can vary on many different factors. Our window designers and specialists at Renewal by Andersen® of Austin can help you understand some of the most important ones below.
Cash Is Still the Best Way to Go
As far as financing this remodeling project is concerned, cash is still the best option there is. It will take some discipline and determination to save up for replacing your windows but, in the end, you won’t have to worry about paying up a loan and its interests. You may also opt to pay partially in cash and take a loan to cover the rest, but you’ll still have to shoulder a considerable amount to make this route viable.
Know Your Equity
The value of your home minus what you still owe on your mortgage is a rough estimate of your home equity. Knowing your equity is useful if you intend to take out a loan to finance your window replacement. The general rule is, the more you’ve paid out on our mortgage, the higher your equity will be, and this dictates how much borrowing power you will have for your loan.
Considering Other Factors
The cost of replacement windows depends on several things. Materials and labor are usually divided into two categories. However, choosing a contracting company that can handle both can help save you a little bit on final expenses. The style of windows you choose will also play a role. For example, custom windows will usually be more expensive than installation-ready variants, but they are also best-suited for your needs.
At Renewal by Andersen® of Austin, we offer plenty of flexible financing options to fund your window replacement project. Give us a call at (512) 298-2270 or fill out our contact form to schedule a consultation and get a free estimate today. We serve homeowners in Georgetown, Texas, as well as all nearby areas.