Chester-Vermont Savings

Build your Chester Home’s Asking Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows may 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to determine : What’s the premium for energy savings when selling the house? Here is what we uncovered in Chester:

Another way to look at it, a window upgrade in Chester can add between 0.57% percent and 2.45 % 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 Chester homeowner is relatively clear.

The variation between the range for Chester and Burlington, which for reference, would yield a potential premium range of 0.55% percent and 0.81% percent respectively, can be estimated from a number of factors, particularly; the 0.38% 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 heating & cooling price differences between Chester and Burlington.

The data presented is based on EnergyStar, the NREL,Department of Energy and meticulous research executed by the NAHB. Chester home value data is provided by Zillow.

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