Bristol-Pennsylvania Savings

Build your Bristol Home’s Asking Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could 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 estimate : What’s the premium for energy savings when it comes time to sell? The following is what we discovered in Bristol:

Put differently, a window investment in Bristol can add anywhere from 0.32% percent and 1.21 % 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 upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Bristol homeowner is quite clear.

The variation between the range for Bristol and Philadelphia, which for reference, would yield a potential premium range of 0.31% percent and 0.45% percent respectively, is dependent on a number of factors, principally; the 0.21% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Philadelphia-Camden-Wilmington region, and heating & cooling price differences between Bristol and Philadelphia.

The data presented is derived from EnergyStar, the NREL,Department of Energy and incredible research done by the NAHB. Bristol home value data is provided by Zillow.

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