Savings Category: Replacement Window Savings

Description

Value You Can Measure

Ashland property owners have a whole host great reasons to replace their windows. Upgrading old windows, improving the look and feel of your home etc… Some such values can be quantified relatively clearly.

First of all, windows conserve 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, households located in Ashland, will most probably experience major decreases on weekly costs for home energy. If you already have dual pane windows you may save approximately $167.79 compared to $172 in Concord. Whereas, when upgrading single-pane windows to National Vinyl’s EnergyStar rated windows you could save about $443.76 every year, compared to $472 in Concord.

Grow your Ashland Home’s Value through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows can increase 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to estimate : What’s the premium for energy savings when selling the house? The following is what we estimated in Ashland:

Basic Dual-Pane to National Vinyl

If you already have dual-pane windows (non-EnergyStar rated), in Ashland, your home value could increase by between $1006.74 and $1473.2 for a mid-tier or top-tier Ashland home respectively. For comparison, the same upgrade in Concord could yield somewhere between $1032 and $1510.16.

Single-Pane to National Vinyl

When upgrading from low-efficiency single-pane windows, the potential is even greater. Ashland homeowners could see an estimated home value gain of between $2662.59 for mid-tier homes and $3896.25 for the top tier. Compare this to between $2832 and $4144.16 in Concord.

Another way to look at it, a window investment in Ashland can add anywhere from 0.55% percent and 2.12 % 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 initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Ashland homeowner is quite strong.

The variation between the range for Ashland and Concord, which for reference, would yield a potential premium range of 0.56% percent and 0.82% percent respectively, is derived from a number of factors, especially; the -0.27% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Claremont-Lebanon region, and energy cost differences between Ashland and Concord.

The data presented is based on EnergyStar, the NREL,Department of Energy and expert research performed by the NAHB. Ashland home value data is provided by Zillow.

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

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