Wood is the most classic shutter material. Common options include pine, cedar, or brasswood. MDF shutters are also a more affordable option that retains the timeless, classic look. Composite shutters, mainly vinyl and aluminum shutters, have also become more popular over the years. You may also find steel shutters, sometimes referred to as security shutters, used on the exterior. Shutters also come in various colors and finishes, adding another layer of design flexibility.

The most popular estate shutter brands include Hunter Douglas, Budget Blinds®, and Graber®. Hunter Douglas shutters cost $20 to $26 per square foot and include high-quality hardwood and faux wood options. Budget Blinds shutters cost $20 to $24 per square foot, depending on if you choose natural wood or another material. Depending on the material, Graber shutters range from $18 to $24 per square foot. 

Estate shutters offer more energy efficiency, privacy, and light control than blinds. They provide better insulation against heat and cold, lowering your energy bills. They’re also sturdy, durable, and last much longer than blinds (up to 50 years or longer). They’re also low-maintenance and can add curb appeal to your home. The return on investment (ROI) for estate shutters is around 75%.

Not all windows are suitable for shutters, as certain styles can prevent them from functioning correctly. It's best to avoid installing shutters on bay windows, picture windows, dormer windows, and double-mulled windows. Shutters are better suited for large, full-size standard windows or French doors.

Additionally, consider the room's lighting needs. Since shutters effectively block light, they are an excellent choice for rooms where you want more darkness and privacy, such as a master bedroom or a main living room. For window types that are not ideal for functional shutters, some homeowners choose to install fixed (non-functional) shutters to maintain a consistent look across the home.