Bethel-Vermont Savings

Improve your Bethel Home’s Asking Price through Energy Savings

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

In addition, many buyers are willing to pay a premium for energy savings. Here we try to determine : What’s the return on energy savings when selling the house? Here is what we uncovered in Bethel:

Another way to look at it, a window investment in Bethel can add anywhere from 0.58% percent and 2.5 % percent to the asking price of your home via the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Bethel homeowner is relatively strong.

The variation between the range for Bethel and Burlington, which for reference, would yield a potential premium range of 0.56% percent and 0.82% percent respectively, is dependent on a number of factors, in particular; the 0.39% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Claremont-Lebanon region, and energy cost differences between Bethel and Burlington.

The data presented is derived from EnergyStar, the NREL,Department of Energy and extensive research done by the National Association of Homebuilders. Bethel home value data is provided by Zillow.

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