We had our windows replaced in April and paid about that much (house was built in 1940 and the old windows were vinyl "gas company" specials). The new windows are wood -- aluminum clad outside and pre-treated wood inside, so we had to only paint the inside. We got casement style, with I love, but no grids so it's just clear glass. Two windows are art glass in a mission style (were extra) and they are functioning casement windows. Bathroom window is awning style with frosted glass for privacy. It was worth every penny, not only in terms of energy savings but also noise reduction. And don't forget the TAX CREDIT!!! Don't go cheap on the windows---they are an investment and good windows will increase the resale value of your home. One tip: make sure whoever installs them is experienced and skilled.