Bantam-Connecticut Savings

Increase your Bantam Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows may 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 figure out : What’s the ROI on energy savings on the market? What follows is what we uncovered in Bantam:

Put differently, a window investment in Bantam can add between 0.51% percent and 2.12 % percent to the value 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 Bantam homeowner is relatively strong.

The variation between the range for Bantam and Hartford, which for reference, would yield a potential premium range of 0.48% percent and 0.7% percent respectively, can be estimated from a number of factors, primarily; the 0.88% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Torrington region, and heating & cooling cost differences between Bantam and Hartford.

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

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