UPDATED: Feb 1, 2024
Replacing your home’s windows is like going to the doctor – nobody wants to do it, but it must happen from time to time. Like a trip to the doctor, replacing your home’s windows can be expensive. But your house will look and feel much better after the upgrade. Just as you prioritize keeping yourself healthy, you should prioritize keeping your house healthy.
Replacing your home’s windows can result in huge energy savings, provide a more comfortable home environment and even increase your home’s value. Read below to learn about window replacement costs and how much to budget for the project.
The cost of replacing your windows depends on the size, condition of the windows and type of replacement.
The average cost to replace a window is typically $100 – $1,300 each for basic windows and an additional $200 – $800 each for windows with more energy-saving features. Installation costs can depend on several factors.
There are many benefits of replacing windows, including increasing home value and comfort.
There are many different types of windows, each with their own costs. As we mentioned, the size and type of window can affect the estimated replacement cost. Double-hung windows are the most popular among homeowners and are also some of the most affordable.
Here are estimates for various types of windows:
If your window frames are in good condition, you may consider leaving them and only replacing the glass. But if your frames are rotting or decaying, they’ll need to be replaced. This will impact the total cost.
Energy-efficient windows prevent cool or heated air from escaping your house and reduce your home’s energy usage. This allows you to keep your home cooler in the summer and warmer in the winter, while reducing your monthly home heating and cooling bills.
Energy-efficient windows have available features that may affect the total cost of your window installation. Buying energy-efficient windows is more expensive upfront, but the costs pay off in the long run. Future savings are a major benefit of energy-efficient windows. We’ll discuss this further and offer more ways to save on energy-efficient windows later on in the article.
Installing your own windows is not an easy task. In most cases, it’s best to leave the installation and labor up to a professional contractor. Additionally, some window types require expert assistance or extra installation work.
The cost of labor can vary depending on location, and window installation costs can vary by window type and size. Double-hung windows are the most popular kind and installation can cost about $350 maximum for a pair.
Here are some basic installation estimates for the most common window types:
Window Type | Average Cost |
---|---|
Single-hung windows | $100 – $400 |
Double-hung windows | $150 – $650 |
Arched windows | $325 – $875 |
Awning windows | $365 – $574 |
Bay windows | $250 – $600 |
Casement windows | $150 – $1,000 |
Picture windows | $65 – $700 |
Transom windows | $200 – $575 |
Sliding windows | $150 – $800 |
If you hire a professional contractor to help with your window installation, they may agree to replace multiple windows for a discount.
Luckily, there are many ways homeowners can save on window replacement costs.
Even if you don’t have to replace all the windows in your house, you’ll likely still pay thousands in total costs. You can often apply for financing directly through the manufacturers.
A lower-cost option is to borrow against your home’s equity with a cash-out refinance or home equity loan. A home equity loan usually has fewer fees than a cash-out refinance, but the interest rates tend to be higher than cash-out rates. A cash-out refinance has a fixed-rate option and may provide more money. Either way, these options will help reduce out-of-pocket costs while taking advantage of your home's equity.
Energy-efficient windows also maximize future savings. According to the Department of Energy, 25% – 30% of residential heating and cooling energy use is lost due to inefficient windows. There are many benefits of energy-efficient windows, like saving money on utility bills.
Energy-efficient windows are determined by an ENERGY STAR rating, an official government rating consumers can trust.
When choosing new windows, homeowners can look for windows that include:
Here are some common questions homeowners have about window replacement:
There are pros and cons of homeowners wanting to DIY window replacements to help save on labor costs. In many cases, DIY can be as effective as hiring professional contractors. However, replacing and installing windows is a difficult job and requires experience. It can also be time-intensive, taking about 4 – 6 hours per window, depending on the complexity of the installation.
Homeowners in older houses may be eligible for historic preservation grants or tax credits through their state or local government.
Some states offer rebates or tax credits for energy-efficient upgrades through local utility companies or the ENERGY STAR program.
The Department of Energy’s Weatherization Assistance Program helps reduce energy costs for low-income households by making their homes more energy-efficient.
New construction requires trim work and consists of nailing fin frames. Labor typically ranges from $150 – $800 each. On the other hand, window replacement consists of sliding pieces into existing holes with no finishing work necessary. Labor typically ranges from $100 – $300 each.
Replacing old windows with new ones can minimize drafts in your home and provide a more comfortable atmosphere overall.
Homeowners may see their home value increase when they replace their windows.
Of course, they don’t just see the return on investment when they list their home for sale. Some data from the Department of Energy says you can save $126 – $465 a year. In some cases, it can take several years or even decades to reach the breakeven point for new windows based on energy savings.
Typically, windows should last 15 – 20 years before you need to replace them. Wear and tear from storms, age, weather and more are all signs that you may need your windows replaced. If your energy bills are increasing and there’s visible damage to your windows, or you’re struggling to open or close them, it may be time for a replacement. Before replacing your windows, check for a warranty on your windows. It may help you save money.
The cost of replacing some or all of your windows is often significant. However, the added comfort and beauty of a window upgrade shouldn’t be discounted. If you’re interested in new windows, you may want to consider financing options.
Sound good? Why not start the process to get a cash-out refinance today?
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