Value You Can Measure
Blue Bell residents have a multitude valid reasons to replace their windows. Upgrading broken windows, renewing the decor of your home etc… Other such benefits can be calculated relatively clearly.
Firstly, windows maintain 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.
With regards to energy savings, houses in Blue Bell, may see major reductions on monthly costs for heating & cooling. If you already have dual pane windows you may save approximately $130.62 compared to $116 in Philadelphia. By comparison, when replacing single-pane windows to National Vinyl’s EnergyStar rated windows you may save approximately $384.56 annually, compared to $294 in Philadelphia.
Improve your Blue Bell Home’s Value through Energy Savings
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Replacing your windows to EnergyStar rated National Vinyl windows may 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.
Moreover, many buyers are willing to pay a premium for energy savings. Here we try to determine : What’s the return on investment on energy savings when selling the house? The following is what we estimated in Blue Bell:
Basic Dual-Pane to National Vinyl
If you already have dual-pane windows (non-EnergyStar rated), in Blue Bell, your home value could increase by between $783.71 and $1146.82 for a mid-tier or top-tier Blue Bell home respectively. Compare this to, the same replacement in Philadelphia may get you somewhere between $696 and $1018.48.
Single-Pane to National Vinyl
When upgrading from low-efficiency single-pane windows, the potential is even greater. Blue Bell homeowners may expect an estimated home value increase of between $2307.38 for mid-tier homes and $3376.46 for the top tier. Compare this to between $1764 and $2581.32 in Philadelphia.
Another way to look at it, a window upgrade in Blue Bell can add between 0.18% percent and 0.76 % percent to the asking price of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Blue Bell homeowner is quite clear.
The variation between the range for Blue Bell and Philadelphia, which for reference, would yield a potential premium range of 0.16% percent and 0.23% percent respectively, can be estimated from a number of factors, particularly; the 1.4% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Philadelphia-Camden-Wilmington region, and heating & cooling price differences between Blue Bell and Philadelphia.
The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and meticulous research performed by the NAHB. Blue Bell home value data is provided by Zillow.
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Directions from Blue Bell to our headquarters