Don’t Spend Your Tax Return on Home Improvements Without Reading This
Tax Day has come and gone and now many families are waiting on tax returns and figuring out what to do with them. A recent study by the website Credit Karma found that more than 60% of Americans expect to get a refund. Last year, the average federal refund was $2,728. If you’re one of those who are getting a refund then we highly consider you use some of it for home improvements.
Replacement windows serve two purposes at once
When a homeowner decides on home improvements, there are generally one of two reasons for doing so – either so that they can enjoy it or so that their home’s resale value will increase. When it comes to new windows, both are achieved.
It’s common for clients with new windows to be surprised by how much their new windows improve the enjoyment of their home. They often say that their home feels much more comfortable, that they are able to more easily get their indoor temperature right where they want it, and that the outdoors no longer heats or cools their home. A home also feels newer and more updated after new windows are installed.
Installing new windows can also increase the value of your home. In fact, experts say that you can recoup as much as 80% of the price you pay for your new windows in added value. Not to mention the fact that new windows and new doors can reduce your heating and cooling bills as well.
Using your tax refund reduces the cost of new windows
If you use your tax refund on new windows instead of financing them, then you’ll save all those financing costs. It’s common for homeowners to use financing for their windows, whether a credit card, in-house financing offer, or home equity loan. If you’re able to use your tax refund for all or part of the cost, then you can skip the financing fees and interest rates. Even if your refund doesn’t cover the entirety of the cost, it can make a great down payment that reduces your monthly payments.
No matter how you’d like to pay, Charles Window is here to help you with all your new window and door needs. Feel free to give us a call to schedule an in-home, no-obligation quote or stop by our showroom. We look forward to showing you the joy of owning brand new windows.