Savings Category: Replacement Window Savings

Description

Value You Can Measure

Loudon residents have a multitude good reasons to replace their windows. Updating leaky windows, improving the style of your home etc… Some such benefits should be calculated quite accurately.

For starters, windows preserve about 72.3 percent of their initial purchase value in New England according to the Remodeling 2020 Cost vs. Value Report. This places windows among the top 5 home improvement investments in terms of value retention.

With regards to energy savings, houses in Loudon, are likely to have impressive declines on monthly bill for electricity. If you already have dual pane windows you could save approximately $173.69 compared to $172 in Concord. On the other hand, when upgrading single-pane windows to National Vinyl’s EnergyStar rated windows you could save approximately $483.31 every year, compared to $472 in Concord.

Improve your Loudon Home’s Asking Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows could 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 estimate : What’s the return on investment on energy savings when it comes time to sell? Below is what we discovered in Loudon:

Basic Dual-Pane to National Vinyl

If you already have dual-pane windows (non-EnergyStar rated), in Loudon, your home value could increase by between $1042.12 and $1524.97 for a mid-tier or top-tier Loudon home respectively. For comparison, the same replacement in Concord could add somewhere between $1032 and $1510.16.

Single-Pane to National Vinyl

When upgrading from low-efficiency single-pane windows, the potential is even greater. Loudon homeowners may see an estimated home value gain of between $2899.89 for mid-tier homes and $4243.5 for the top tier. Compare this to between $2832 and $4144.16 in Concord.

Put differently, a window upgrade in Loudon can add between 0.37% percent and 1.52 % percent to the asking price of your home via the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Loudon homeowner is quite clear.

The variation between the range for Loudon and Concord, which for reference, would yield a potential premium range of 0.37% percent and 0.54% percent respectively, is derived from a number of factors, notably; the 0.11% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the Concord region, and energy price differences between Loudon and Concord.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and meticulous research performed by the NAHB. Loudon home value data is provided by Zillow.

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Energy Savings & ROI: Loudon vs the rest of New Hampshire

Find out how investing in new windows in Loudon compares to other nearby New Hampshire cities.