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Energy-efficient windows are judged on their performance according to a few different factors, including heat transfer, air leakage, light transference, and condensation resistance. If you're unsure whether a window is energy-efficient, look for an ENERGY STAR® label from the U.S. Environmental Protection Agency (EPA). If various products, including windows, meet energy-efficiency standards set by the federal government, the EPA issues this label to help consumers identify energy-efficient products.

In addition to protecting your home from costly storm damage, storm windows increase your home's value if you live in an area that’s prone to severe weather. Storm windows offer about an 80% return on investment (ROI). Therefore, if you install $10,000 worth of storm windows, you can expect to get around $8,000 back if you sell your home within a few years of installation. Additionally, highly hurricane-prone areas, like the Florida coast, offer even higher returns, with ROIs on storm windows reaching up to 86%.

On average, bay windows are three times as expensive as a standard double-hung window, so up-front cost is a major drawback. They also let in more natural light than most other types of windows, which can be a positive thing, but it can also lead to more aggressive fading and UV damage to furniture and flooring. Larger windows allow for more heat transfer, so bay windows tend to be less energy-efficient due to their size. Finally, window treatments for bay windows can be more challenging to find, and they’re more expensive than those you’d place over standard-sized windows.

Wood windows are often worth the cost because they add more to curb appeal and your home value than more affordable options like vinyl and aluminum. Wood windows also offer better insulation than vinyl and aluminum windows, and they can last about twice as long. As such, they’re more expensive up front but offer greater value and a higher ROI.