Morrisville-Vermont Savings

Grow your Morrisville Home’s Asking Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could increase 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to find out : What’s the ROI on energy savings when selling the house? Here is what we found in Morrisville:

Another way to look at it, a window investment in Morrisville can add between 0.61% percent and 2.63 % percent to the sale price of your home through the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Morrisville homeowner is relatively clear.

The variation between the range for Morrisville and Burlington, which for reference, would yield a potential premium range of 0.59% percent and 0.86% percent respectively, is dependent on a number of factors, notably; the 0.42% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the region, and energy cost differences between Morrisville and Burlington.

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

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