Brooklyn-Connecticut Savings

Improve your Brooklyn Home’s Value through Energy Savings

[lme-module module=”market-stats” city=”Brooklyn” state=”CT”]

Switching your windows to EnergyStar rated National Vinyl windows could increase the sale 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 ascertain : What’s the ROI on energy savings if you sell your home? This is what we estimated in Brooklyn:

In other words, a window investment in Brooklyn can add anywhere from 0.5% percent and 2.06 % percent to the asking price of your home through the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Brooklyn homeowner is relatively clear.

The variation between the range for Brooklyn and Hartford, which for reference, would yield a potential premium range of 0.46% percent and 0.67% percent respectively, is dependent on a number of factors, especially; the 0.97% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Worcester region, and energy price differences between Brooklyn and Hartford.

The data presented is based on EnergyStar, the NREL,Department of Energy and expert research done by the National Association of Homebuilders. Brooklyn home value data is provided by Zillow.

[lme-module module=”market-activity” city=”Brooklyn” state=”CT”]

Directions from Brooklyn to our headquarters