Do egress windows add value to your home? With more and more people spending time in their homes due to remote work and school, finding additional space in your home is important. Egress windows can convert a basement into an area that is more livable. Updating a basement to use as a family room, home office, or additional bedroom is a way to create the space you need, while also adding value to your home.
Do Egress Windows Add Value to Your Home?
If you are considering turning your basement into a more livable space, you should also think about adding an egress window. Egress windows are windows that are large enough to use as an exit in an emergency. In order to be considered a basement bedroom, the room must have egress windows. If you are planning to put a bedroom in your finished basement, you have to add in an egress window to list it as such. Even if you are thinking about turning the space into an office, family room, or playroom, you still might want to consider adding an egress window.
One of the biggest questions that people have when considering the addition of an egress window is whether or not the cost is worth the added value. Egress windows do add value to your home. However, the amount will depend on several factors such as your particular home and where you are located. Egress windows are one of the few home improvement projects that will allow you to recover your initial installation cost, plus some, in resale value.
Even if you spend near $6000 to have an egress window professionally installed, you will be able to market the space as a bedroom. That is if it meets the other qualifications as well when you choose to sell your home. This alone can add significant value.
Egress window installation can give you a huge amount of value. Marketing a four-bedroom home over a two-bedroom home will provide you with a significant increase in your selling price. Depending on your area, the average cost price for a two-bedroom home is around $200,000 in larger metropolitan areas. The average cost for a four-bedroom home is over $300,000. So, for the price of an egress window, you are looking at adding over $100,000 to your home value.
Another reason to consider adding an egress window to your space is simply that it provides added safety. These windows provide a way out of the basement should there be a fire or other emergency.
Ventilation and Light
Another reason to consider adding egress windows to your home is that they bring in a lot of extra airflows and natural light to the area. This addition of ventilation and light makes the space one that is much more desirable to be in.
Egress Window Requirements
Egress windows function as emergency exits. For this reason, there are some legal requirements that the window has to meet. The window has to allow someone to easily reach it in case of emergency. The egress window also has to be a certain size. Each state has different laws regarding these types of windows. It is important to make sure that you are familiar with these laws. Your installer must understand the building code as well and make sure the window is installed within the proper perimeters.
You should not attempt to install an egress window on your own, even if you are an experienced do-it-yourself person. Since there are many requirements regarding this type of window, you should hire a professional to make sure that the window is installed properly and meets all of the laws.
In addition to meeting the guidelines for these types of windows, it is also important to make sure that proper waterproofing and drainage are considered during installation. Excavation of the area around where the window will be installed is necessary. This is not something that you should attempt on your own. If the window is not properly installed, it can cause more damage than good. A professional will be able to walk you through the entire process and ensure that everything is done correctly.
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We pride ourselves on hiring only the most knowledgeable and experienced installers in the industry. We know how important this investment is to a homeowner and we want to educate you on every aspect you should consider before making your final decision.
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