We all know how much fun it is to get something new, especially something as substantial as new windows! We also know that an improvement like this in a traditional, single-family home would set the owner back thousands of dollars in labor and materials. In addition, most contractors require up front payment, leaving the homeowner with a HUGE expense to have to come up with. Not Cedarwood!
Cedarwood Cooperative in Park Forest, Illinois does business much differently! They offer their members a chance to replace their old windows with new, energy efficient ones with NO UPFRONT COST! You heard right.
Cedarwood members who elect to have their windows upgraded are placed on a 10 year, interest-free, low-cost, payment plan. And what's even better is that members aren't responsible for paying for the labor to install the windows! The only thing the members pay for is the cost of the materials (windows). The average cost is roughly $25 - $35 per month. That's cheaper than many people's coffee budget!
This cost-sharing program has helped hundreds of members afford to improve their homes at a fraction of the cost. But what are the benefits of replacing old windows? Lots!
Improve the Appearance of Your Home
New windows, especially the white, vinyl windows most often chosen by Cedarwood Members, add a clean, bright look to every cooperative. As with any exterior improvement, new windows enhance a home's curb appeal. With the contrasting red brick and crisp, white windows, upgraded co-op's have an increased charm and a polished look.
Save Money on Utilities
Members who already had their windows replaced have reported significant savings on their gas and electricity bills. Old windows tend to warp and wither from years of contracting and expanding with the seasons. This damages the window's seal, allowing drafts and air leaks into the home. New windows create a firm seal, preventing air from passing in and out. This, in turn, keeps utility bills lower by holding heat inside during the winter and cool air inside during the summer. Less leak means more money savings!
Increase the Resale Value of Your Home
Previous members, who had new windows installed, also reported an increase in the dollar value of their home when it came time to sell. Even better is that the cost-sharing payment plan is completely transferable to the new incoming member. This ensures the selling member is not "on-the-hook" for any unpaid balances upon move-out.
As you can see, the benefits of replacing old co-op windows far outweighs any cost to have them replaced. A simple phone call to the office is all it takes to begin the process. When you're ready to replace your windows, call the Cedarwood office at 708-747-3833 for full details. At a mere cost of only $25-35 per month, this may be one of the best investments you make for your housing cooperative!