Bridgeport-Connecticut Savings

Grow your Bridgeport Home’s Resale Price through Energy Savings

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Upgrading 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 figure out : What’s the return on investment on energy savings on the market? What follows is what we discovered in Bridgeport:

Put differently, a window investment in Bridgeport can add anywhere from 0.54% percent and 2.22 % percent to the sale 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 upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Bridgeport homeowner is quite clear.

The variation between the range for Bridgeport and Hartford, which for reference, would yield a potential premium range of 0.51% percent and 0.75% percent respectively, may come from a number of factors, in particular; the 0.76% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the Bridgeport-Stamford-Norwalk region, and heating & cooling price differences between Bridgeport and Hartford.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and extensive research done by the NAHB. Bridgeport home value data is provided by Zillow.

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