Bennington-Vermont Savings

Grow your Bennington Home’s Resale Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows may add to 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to answer the question : What’s the ROI on energy savings if you sell your home? Below is what we uncovered in Bennington:

Another way to look at it, a window investment in Bennington can add anywhere from 0.76% percent and 3.33 % 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 worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Bennington homeowner is relatively strong.

The variation between the range for Bennington and Burlington, which for reference, would yield a potential premium range of 0.73% percent and 1.06% percent respectively, can be estimated from a number of factors, particularly; the 0.53% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Bennington region, and heating & cooling cost differences between Bennington and Burlington.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and expert research conducted by the NAHB. Bennington home value data is provided by Zillow.

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