Window Renovation without Breaking the Bank: Budget Planning for Your Window Replacement

Posted: Apr 03, 2013
Author: Crown Builders

Window replacement for your home can be a fairly substantial investment, but with today’s economy, not many of us have the option of easily handling the high expense.  Fortunately it’s an investment with a potential for big savings down the line, which is why it makes sense to plan your budget accordingly to get the most out of your spending.

Figure out your budget first, and outline how much you can afford for your window replacement before you purchase anything.  Be sure to check out whether the window frames need to be replaced - rotting and other damage can be a large issue and bump your budget up significantly.  Don’t base all decisions on price as the higher the quality of the windows, the more you will save in the long run.  Also, consider spreading the work out over a few stages or even doing only a couple windows at once to save even further. 

If you’re considering using a home equity loan to pay for the window replacement, keep in mind that in some cases the interest on home equity lines of credit is tax-deductible.  There are even further possible rebates and incentives offered by the government when you make energy-saving choices for your window replacement renovation.  Tax deductions on Energy Star products are just one extra way to save.

By taking advantage of all your options for rebates and carefully managing your budget, your window replacement job is a fiscally sound investment that will provide returns on energy-savings for years to come.