Bethlehem-Connecticut Savings

Increase your Bethlehem Home’s Value through Energy Savings

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

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to evaluate : What’s the ROI on energy savings when it comes time to sell? The following is what we estimated in Bethlehem:

In other words, a window investment in Bethlehem can add anywhere from 0.38% percent and 1.69 % 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 initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Bethlehem homeowner is relatively strong.

The variation between the range for Bethlehem and Hartford, which for reference, would yield a potential premium range of 0.33% percent and 0.48% percent respectively, may come from a number of factors, primarily; the 1.73% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Torrington region, and energy cost differences between Bethlehem and Hartford.

The data presented is derived from EnergyStar, the NREL,Department of Energy and professional research executed by the NAHB. Bethlehem home value data is provided by Zillow.

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