Danielson-Connecticut Savings

Build your Danielson Home’s Asking Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may add to the value of your home. As mentioned before, windows preserve most of their initial value especially given their long life expectancy. At a rate of 72.3% estimated for 2020 an average total window replacement job costing $17,925 would preserve $13,018 of its initial value.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to figure out : What’s the return on energy savings if you put your house up for sale? This is what we found in Danielson:

In other words, a window upgrade in Danielson can add anywhere from 0.63% percent and 2.48 % percent to the asking price of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Danielson homeowner is quite strong.

The variation between the range for Danielson and Hartford, which for reference, would yield a potential premium range of 0.6% percent and 0.88% percent respectively, can be estimated from a number of factors, notably; the 0.5% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Worcester region, and energy price differences between Danielson and Hartford.

The data presented is derived from EnergyStar, the NREL,Department of Energy and expert research executed by the National Association of Homebuilders. Danielson home value data is provided by Zillow.

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