Jeffersonville-Vermont Savings

Improve your Jeffersonville Home’s Asking Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could add to the asking price 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 uncover : What’s the premium for energy savings if you sell your home? This is what we estimated in Jeffersonville:

Put differently, a window investment in Jeffersonville can add anywhere from 0.53% percent and 2.26 % percent to the value of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Jeffersonville homeowner is relatively strong.

The variation between the range for Jeffersonville and Burlington, which for reference, would yield a potential premium range of 0.51% percent and 0.75% percent respectively, can be estimated from a number of factors, particularly; the 0.33% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the region, and energy cost differences between Jeffersonville and Burlington.

The data presented is based on EnergyStar, the NREL,Department of Energy and meticulous research executed by the National Association of Homebuilders. Jeffersonville home value data is provided by Zillow.

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