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We rented a house where the owner decided to replace all the old metal fame single pane windows with new high quality double pane windows.
He spent something like $30,000 on all the windows and installation.
Didn't notice any difference.
Like, the HVAC bill was basically the same, and the noise was basically the same.
We may have saved $5-10/mo. on power but that is simply not worth it.
The key with windows is reducing your cost. I too received a quote for $30-40k back in the day... so I did it myself with vinyl replacements (double pane, argon, etc). Ended up spending only a few thousand total for the whole house, I know I did a better job than the local contractor because I spent my time and did it right.
We had a massive comfort difference due to the old windows being extremely drafty (1960's original wood single-pane). In my opinion that's the biggest benefit. We also were able to remove our storm windows, so improved exterior visibility, reduced cleaning, and improved curb appeal in my opinion.
Energy-savings, yeah not so much unless you DIY like I did to keep the cost down.
How difficult was it to DIY?
It's honestly really easy. The internet makes it out to be so much scarier than it is. The windows even come with instructions, lol.
Some windows will have additional steps like drilling small weep holes on the outside corners and stuff, but it's just a "read the instructions" thing.