Your 2017 tax filings were painful. Owing more than you expected to bot the state and federal government, layout were ill prepared to pay the balance. Both you and your husband are determined to make sure that you are not caught off guard next year. In addition to claiming more deductions, you are also in the process of making some home updates that should also provide some tax relief.
In fact, as you get ready to make some necessary renovations to you home you are considering investing in products that come with energy star tax credits. Every little bit helps and you are hopeful that the more efficient windows that are eligible for the energy star tax credits will also significantly lower your heating and cooling bills.
Window Installers Offer a Number of Products at a Variety of Price Levels
From vinyl replacement windows to double hung windows that are easier to clean, window installation companies can help you find out what products will be the best for your home. Consider some of these facts and figures about the window and home improvement industry and the impact that they have on the nation’s economy:
- Depending on the material, when windows are high quality and properly maintained they can last 20 years or longer.
- Replacing a window costs home owners an average of $300 to $700 a window.
- Nearly 60% of home owners indicate that they are planning an upcoming renovation or remodeling project.
- When compared to single-paned windows, dual-paned windows are about two times as effective at retaining heat and air conditioning.
- Windows that are drafty and let air escape can increase a home’s energy bills by as much as 10% to 25%.
- 44% of renovation jobs in the year 2012 were for window or door replacement, according to the National Association of Home Builders 2012 Remodeling Market Index.
- Home owners who replace their windows can get back 80% of their investment, acording to the National Association of Realtors.
Whether you are trying to increase the value of your home or you are looking for a way to get a tax break while making your home more energy efficient, upgrading the windows in your home may be the answer that you are looking for.