Replacement Windows For Apartment Complexes
When managing an apartment complex, you’re in the business of residual income. You have to take care of your property and any maintenance issues that arise, but you do so on a budget. Have you gotten any quotes for replacement windows yet? Let’s take a look at the average costs for replacing windows on an apartment complex.
How many units are in your building? How many windows does each unit have? On average, windows cost between $300 and $1000 apiece. Total up the amount of windows you have, and multiply that number by $300. That is the cheapest quote you’re going to get.
Let’s say that you have a smaller complex, and you need to replace a total of 20 windows. Counting the costs for materials and labor, you would be looking at between $6k and $14k. If you opt for the latest energy efficient windows or some other type of upgrade, you can add more money to that figure to be sure.
Now imagine you need to replace 100 windows. If that’s the case, you have a sizable apartment complex that is bringing you in a considerable amount of revenue each month. Yet you have to take into account the fact that at minimum, replacing all of the windows is going to cost you $30k.
You also have to consider the size of the windows that need to be replaced. Are all the windows the same size? Now that you have had a chance to look at the average costs, you can speak to contractors in your area. Since you are planning such a large project, you are going to get eager bids.
The bids should be competitive, and you want to penny pinch here to be sure. Yet you want a reputable contractor to be doing the work, and you want the best windows installed. Ask about warranties, and make sure that this project fits the budget for your business right now.