Window replacements can make your clients' homes more comfortable, attractive and energy efficient. They can also reduce maintenance tasks like replacing rotted wood or repainting window frames. However, the cost of a new window often makes homeowners pause before making the purchase.
In 2018, the average cost of a single window is between $300 and $700, according to HomeAdvisor. For a home with a dozen or more windows, a total replacement can get expensive very quickly. Depending on the project, replacing windows for an entire home may lower the price per unit, but the overall cost of the update will increase.
To cut costs, it's becoming more popular for homeowners to opt for a partial replacement, Professional Remodeler explained. Of course, there are positive and negative aspects of this choice.
One of the advantages of window replacement projects is that they are easily segmented. As Professional Remodeler pointed out, other home improvement ventures like bathroom remodels or bedroom additions can't be broken up into chunks and completed in stages - it's all or nothing. This isn't the case with window installations; homeowners can choose to do only the windows in most need of replacement, or just the windows on the first floor, for example.
But just because it's possible to break up an entire home's window replacements doesn't mean it's the best strategy. In some cases, it may be wise to replace all the windows at once to lower the per-window cost, HomeAdvisor noted. This strategy also ensures the homeowner won't have to plan and arrange another window replacement job for several years or more.
As a contractor, it's important that you listen to and understand what your clients ultimately want to achieve through their home improvements. It's also up to you to offer suggestions that you think would benefit them. Walking your customers through the advantages and drawbacks of total or partial window replacements can help them determine the best way for them to proceed.
Customers take many factors into consideration before choosing to either do a partial or total window replacement, but cost is often has a large impact on their decision. Offering a financing program to break up the cost of window replacements - whether this includes every window in a home or just a couple of them - can help homeowners feel less stressed about the price of the project.
Aqua Finance helps dealerships and contractors provide these valuable financing programs to their customers. To learn about how you can begin offering financing plans for home improvement projects, reach out to Aqua.