Canaan-New Hampshire Savings

Improve your Canaan Home’s Value through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows can increase 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 if you put your house up for sale? What follows is what we uncovered in Canaan:

In other words, a window investment in Canaan can add between 0.47% percent and 1.86 % 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 Canaan homeowner is quite strong.

The variation between the range for Canaan and Concord, which for reference, would yield a potential premium range of 0.48% percent and 0.7% percent respectively, is derived from a number of factors, in particular; the -0.15% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the Claremont-Lebanon region, and energy cost differences between Canaan and Concord.

The data presented is derived from EnergyStar, the NREL,Department of Energy and expert research conducted by the National Association of Homebuilders. Canaan home value data is provided by Zillow.

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