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Yes, egress windows can significantly add value to a home. By making basement and attic areas safer and more livable, they allow you to market these spaces as finished living areas, which increases your property's value. Many homeowners can recover the full installation cost, with some sources citing a return on investment of around 70%. The exact value added depends on your specific home, location, and adherence to local building codes. Beyond financial value, egress windows enhance functionality by adding natural light and comfort. They are also a crucial safety feature, often mandated by building codes to serve as an emergency exit.

Most modern egress windows installed in basements open outward into a window well, although some older homes have in-swing windows. Egress windows, like casement windows used in other parts of the home, such as bedrooms and bathrooms, may open inward, and these windows are often larger than outward-opening windows.

The cost to install a bow window can range from $1,500 to $15,000, with a national average of $3,900. The total price includes materials, which can cost between $1,200 and over $14,000, and labor, which typically adds $300 to $1,900. Several factors influence the final cost, including the window's size and frame material. For example, vinyl frames are the most budget-friendly option, while wood frames are more expensive. Custom features or energy-efficient upgrades will also increase the price. For comparison, a bay window installation typically costs between $1,000 and $7,000.

Yes, egress windows are grandfathered. However, this comes with some specifications. If you are remodeling a basement or adding a sleeping area, you’ll need to update the egress windows to be up to proper code. But, if you’re leaving your home as is, you do not have to adhere to these requirements.