Here’s How Egress Windows Can Increase The Value of Your Home
Updated: Jun 15, 2020
Do you have a finished basement, or are you considering it? If so, you need to be aware that local fire ordinances require safe egress, that is a way to safely get out of the room in the event of a fire. This is particularly true in basements, as an egress window is often the only means of escape. But how much do they cost and what do you need to budget to have one installed?
Home renovation and finishing a basement is a great way to increase the value of your home and build useable space for your family. It’s especially useful for the work-from-home crowd who still want to keep costs under control and avoid a home addition. So you’re probably asking, ok what are basement egress window installation costs? In most cases, the cost of installing a prefabricated egress window is between $2,500 and $4,000, though it will depend on your state regulations, foundation type, and environmental considerations.
Advantages of a finished basement
A finished basement in your home will increase available living space without incurring extreme costs. It can also be a great place to create a game room, home theater, playroom, or even an extra bedrooms However, finished basements are going to work only if they have safe egress in the event of a fire or other emergency. In fact, most local laws will not even allow a bedroom in the basement unless an egress window is installed by a certified professional.
Safety is an important aspect of an egress window
Have you thought about what would happen if you are in the basement and a fire occurs upstairs? Does your exit strategy rely on the stairs leading out of the basement? Egress windows are the safest, legal choice when built to adhere to fire codes. You can even customize the construction of egress windows to make them a decorative, architecturally gorgeous feature.
Enhanced value of evaluation
Did you know that egress windows can also add more value to the final price of your home? This can easily account for construction costs. What’s more, the entire process can be completed quickly. Meaning your basement won’t be unusable for long as the work will be completed in 1-2 days. Hiring a professional company for this job will ensure your home is safe, legal, and ready for immediate use after the job is done.
Factors that decide the cost of an egress window
If you’ve decided an egress window is needed, it is important to understand the factors that influence cost, including:
a) Location of the window- Egress windows are easy to set up on the first or second floor bedrooms of a home. Installing in a basement can require a more complex design and installation
b) Size and quality- You can choose from different sizes of windows, ranging from 30-inch sliding ones to high end windows with energy-saving features
Buildup and excavation- Grading, drainage systems and excavation are necessary during initial stages of installment in the basement