Minnesota Window Replacement

[David Moore]

I have a four unit building.  Just got a bid on  replacing 32 double hung windows with energy star windows, half screens, with argon gas windows, aluminum wraps, tempered glass in the bathrooms.

Initial bid came in at $18K, doing it two units at a time, but said he would knock it down to $16K if I did the entire job at once.  I spoke with the contractor, saying the price means I need to wait on more capital.  He said he really wants the bid, so he could go as low as $13K for all 32 windows.

In my building, the tenants pay the heat, so the benefit is largely for them.  But I'm thinking it may benefit me indirectly.

Here is the bid broken down by two units:

16 windows - Heartlands white double hung white vinyl standard half screen - $5744.00 ($359.00 ea)

16 - loe366, argon glass and NEAT Glass - $960.00 ($60.00 ea)

2 - tempered glass windows - bathrooms - $140.00

16 - Aluminum exterior wrap - $1600.00 ($100.00 per)

16 - Includes Lead safe handling - $320.00 ($20.00 per)

Disposal of Old Windows and debris - $250.00

Total per two units - $9,014.00.

Cost for all four - $16,000.00

Discount price later offered by contractor - $13,000.00

Is this a good deal, fellow Minnesotans?