Description
Value You Can Measure
Barre homeowners have a multitude great reasons to replace their windows. Repairing broken windows, improving the decor of your home etc… Other such benefits can be counted quite precisely.
To start, windows preserve about 72.3 percent of their initial purchase value in New England according to the Remodeling 2020 Cost vs. Value Report. This puts windows among the top 5 home improvement investments in terms of value retention.
As for energy savings, houses in Barre, could experience dramatic reductions on weekly expenditures for energy. If you already have dual pane windows you could save about $205.5 compared to $197 in Burlington. In contrast, when upgrading single-pane windows to National Vinyl’s EnergyStar rated windows you could save approximately $611.32 per year, compared to $553 in Burlington.
Build your Barre Home’s Value through Energy Savings
[lme-module module=”market-stats” city=”Barre” state=”VT”]
Switching your windows to EnergyStar rated National Vinyl windows can 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.
In addition, many buyers are willing to pay a premium for energy savings. Here we try to find out : What’s the return on investment on energy savings on the market? This is what we estimated in Barre:
Basic Dual-Pane to National Vinyl
If you already have dual-pane windows (non-EnergyStar rated), in Barre, your home value could increase by between $1232.99 and $1804.28 for a mid-tier or top-tier Barre home respectively. For comparison, the same replacement in Burlington could yield somewhere between $1182 and $1729.66.
Single-Pane to National Vinyl
When upgrading from low-efficiency single-pane windows, the potential is even greater. Barre homeowners could yield an estimated home value gain of between $3667.91 for mid-tier homes and $5367.38 for the top tier. Compare this to between $3318 and $4855.34 in Burlington.
Put differently, a window upgrade in Barre can add between 0.68% percent and 2.98 % 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 Barre homeowner is relatively strong.
The variation between the range for Barre and Burlington, which for reference, would yield a potential premium range of 0.66% percent and 0.96% percent respectively, is dependent on a number of factors, in particular; 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 Barre region, and heating & cooling price differences between Barre and Burlington.
The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and professional research conducted by the NAHB. Barre home value data is provided by Zillow.
Data Sources & Disclaimers
Sources:
https://www.bls.gov/regions/
https://www.eia.gov/consumption/residential/data/2015/index.php?view=consumption
https://www.energy.gov/energysaver/design/windows-doors-and-skylights/update-or-replace-windows
https://www.eia.gov/consumption/residential/data/2015/index.php?view=consumption#by%20end%20uses
https://openei.org/wiki/NSTAR_Electric_Company
https://www.aceee.org/press/2018/10/aceee-2018-state-energy-efficiency
https://www.builderbooks.com/what-home-buyers-really-want–2019-edition-products-9780867187724.php?page_id=32&pid=NAH
http://eyeonhousing.org/2019/04/how-much-are-buyers-willing-to-pay-for-energy-efficiency/
https://www.builderbooks.com/what-home-buyers-really-want–2019-edition-products-9780867187731.php
https://www.remodeling.hw.net/cost-vs-value/2020/new-england/
Disclaimer: The information on our website is general in nature and is not intended as a substitute for competent legal, financial or engineering advice.
Although National Vinyl is a Member of the National Homebuilders association and TrustGard windows are the recipient of EnergyStar’s “Most Efficient”,
we wish to state clearly and unequivocally: the information provided does not consitute an endorsement by or from any third party. We make no representation as to the accuracy of the information entered by third parties.We, our directors or shareholders disclaim any liability for any damages or loss arising from your use thereof.
[lme-module module=”market-activity” city=”Barre” state=”VT”]
Directions from Barre to our headquarters
Window Installers Near Barre:
State Licensed
Background Checked
Verified Reviews
Liability Insurance
Top Installers Near Barre
More Installers Near Barre
Search for Barre Window Installers
Looking For A Price Quote? Get One Now!
Use our configurator for an instant online estimate and schedule a free in-home consultation.
1
Request a Quote
2
In-Home Consult (FREE)
3
Windows Installed
Lumberyards Near Barre
Top Lumberyards Near Barre
More Lumberyards Near Barre
Need windows fast?
Buy from a TrustGard N.O.W. Lumberyard!
The N.O.W. program delivers Barre inventory windows within 7 days, including application of standard extension jambs and mulling. TrustGard N.O.W. provides among the fastest turnaround times in Vermont, affording you the flexibility and responsiveness you need.
Energy Savings & ROI: Barre vs the rest of Vermont
Find out how investing in new windows in Barre compares to other nearby Vermont cities.