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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.

There are a range of egress window types available, including:

• Single-hung: $100–$400

• Double-hung: $250–$500

• Horizontal/sliding: $150–$800

• Casement: $200–$500

• In-swing: $350–$700

When choosing a type of egress window, consider how you’d like to open it. For example, double-hung egress windows open from top to bottom and let plenty of fresh air in, whereas sliding windows slide open for easy access.  

The proper way to install a window well is to measure the window, dig a hole deeper and wider than the window, place a drainage tube and cap, anchor the well to the foundation, caulk the seam, and backfill the hole. The job requires tools such as a hammer drill and auger and some heavy digging. Proper placement and window well installation are critical to preventing water from leaking into the window.