Phoenix is a hot area for rental properties. According to Redfin, more than 30 percent of the homes sold in the Phoenix market in the third quarter of last year were bought by investors. If you are one of them, you know by now the risks and rewards of being a landlord. On one hand, you get passive income and tax-deductible business expenses. On the other hand, you are responsible for another property other than your own.
When it comes to replacing windows on a rental property, there’s no question that you want the biggest bang for your buck. This isn’t your primary residence, so you’re probably not interested in buying top-of-the-line windows. However, this is still a home that you own and take care of, so you want decent upgrades. Fortunately, you have options.
Here are some of our top tips for choosing replacement windows for your Phoenix rental property.
1. Know When to Replace Your Windows
First, find out if your windows need to be replaced. It’s possible that you may only need a window repair or replacement on one or two windows instead of a whole-house installation. You can also choose to replace some (not all) of your windows to save money. Some of the signs that your windows need replacing are:
- Broken or cracked panes
- Difficulty open and closing
- Fog or condensation on the inside
- Water leaks, water damage
- Drafty or noisy windows
2. Consider Vinyl Framed Windows
You can count on vinyl windows being the cheapest, and you don’t have to sacrifice quality in the meantime. They cost about half the price of wood-frame windows, and they require less maintenance than aluminum windows. Vinyl windows are also energy efficient and offer a wide range of aesthetic and design options. They’re also 100 percent scratch-free, which is helpful for rental properties!
3. Choose Replacement Over New Construction
Replacement windows replace existing new construction or replacement windows, but they have no nailing fins or flanges. They are a great option for rental properties, providing that there are no structural problems. New construction windows, on the other hand, are more expensive to install, and they cost about 10 to 15 percent more than replacement windows.
4. Get Several Quotes
Always get at least three quotes so that you can compare prices. Don’t just look at the bottom number. Consider each aspect of the project, including the cost of materials, start and finish dates, hourly rate, disposal/dumpsters, permits and labor. Also find out what type of window will be installed – there are differences in window types and brands. Most importantly, never sign anything on the spot. Take time to look over your quote.
5. Avoid Paying for Extras
Because you likely want to save money on replacement windows for your rental property, it’s best to skip over the extras. Avoid windows that have bays, bows, curves, circles and other unusual shapes. Single-hung and double-hung tend to be most economical, as are standard window sizes. You can always add more efficiency to your windows with window film or tint.
For a comprehensive quote on new windows for your rental property in Arizona, contact Greco Roman Construction and Design today. We can help you find affordable, efficient windows that will stretch your dollar further while protecting your investment.
