Casco-Maine Savings

Build your Casco Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows can add to 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 estimate : What’s the return on energy savings when it comes time to sell? What follows is what we estimated in Casco:

In other words, a window investment in Casco can add anywhere from 0.26% percent and 1.26 % 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 Casco homeowner is quite clear.

The variation between the range for Casco and Portland, which for reference, would yield a potential premium range of 0.27% percent and 0.4% percent respectively, is dependent on a number of factors, principally; the -0.23% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the Portland-South Portland region, and heating & cooling cost differences between Casco and Portland.

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

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