New windows can reduce your home’s utility bills, improve your home’s value and make your house a better place to live. However, before you can buy new windows for your home, you need to know how much you can afford to spend.
Creating a budget is a multi-step process that starts with doing research and deciding what kind of windows to buy. The process ends with calculating costs and deciding how much you can afford.
#1. Know What You Want
Windows come in many different styles and can have a multitude of features that can improve their energy efficiency, value and functionality. Features like insulated glass and special window coatings can affect the cost as well as the value. Do your research to find out which features are most important to you and your home.
- Explore different styles. Windows come in all different sizes and types. Choose the type that matches your tastes and your home’s construction.
- Research window installers in your area. The window installer you choose should have a reputation for good construction practices, good customer service and a solid warranty.
#2. Contact Installers
Shop around for the right windows and installation for your home. Some contractors only install windows made by other companies. The cost to hire these contractors is added to the cost of purchasing the windows.
Renewal by Andersen of New Jersey and New York Metro is a one-stop shop for window purchase and installation. We produce and warranty all our own products. When we provide you with a quote, it’s an inclusive price for window purchase and installation.
Once you’ve collected estimates from multiple installers, the amounts quoted can help you decide how much you can expect to spend on your window installation. Just be careful. The lowest initial quote is often not the best long-term value.
#3. Paying Out of Pocket or Financing?
Some homeowners have cash on hand to pay for new windows, others need to secure financing for their home improvement project. If you have money saved for this home upgrade, then establishing a budget is easy. Compare the money you have on hand to the installer’s quote. Communicate the maximum you can afford to spend with your window dealer to ensure the cost won’t go over.
If financing is necessary, talk to lenders or explore financing options with your window dealer. When researching financing options, ask lenders questions like:
- How much money should I expect to put down?
- What will the interest rate be?
- How many payments will I make over the life of the loan?
- What will the monthly payment be?
Once you’ve found a lender and are approved for your loan, you’re ready to move forward with your home improvement project.
Making a Budget for Window Installation? Renewal by Andersen of New Jersey & New York Metro Can Help
Are you installing new windows? Now is the time to work on your budget. Contact Renewal by Andersen of New Jersey and New York Metro for a quote. We can tell you the cost of installing high-quality composite windows with frames made from our exclusive Fibrex composite.
Download our Free Guide to New Jersey & New York Metro Replacement WindowsLearn Everything You Need to Know BEFORE Buying Replacement Windows Click Here to Download Now!
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