Auburn-Maine Savings

Improve your Auburn Home’s Value through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could increase the sale 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 ascertain : What’s the return on investment on energy savings on the market? The following is what we estimated in Auburn:

Another way to look at it, a window investment in Auburn can add anywhere from 0.38% percent and 1.74 % 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 Auburn homeowner is quite clear.

The variation between the range for Auburn and Portland, which for reference, would yield a potential premium range of 0.4% percent and 0.58% percent respectively, is dependent on a number of factors, primarily; the -0.48% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the Lewiston-Auburn region, and energy cost differences between Auburn and Portland.

The data presented is based on EnergyStar, the NREL,Department of Energy and incredible research executed by the NAHB. Auburn home value data is provided by Zillow.

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