Value You Can Measure
Colebrook residents have countless good reasons to change their windows. Updating broken windows, renewing the style of your home etc… Certain such values may be measured relatively exactly.
First of all, windows preserve about 72.3 percent of their initial purchase value in New England according to the Remodeling 2020 Cost vs. Value Report. This places windows among the top 5 home improvement investments in terms of value retention.
With regards to energy savings, homeowners in Colebrook, should experience considerable decreases on daily expenditures for home energy. If you already have dual pane windows you could save around $165.03 compared to $172 in Concord. In contrast, when upgrading single-pane windows to National Vinyl’s EnergyStar rated windows you could save about $425.26 per annum, compared to $472 in Concord.
Build your Colebrook Home’s Asking Price through Energy Savings
[lme-module module=”market-stats” city=”Colebrook” state=”NH”]
Replacing your windows to EnergyStar rated National Vinyl windows may 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 answer the question : What’s the return on investment on energy savings if you put your house up for sale? Here is what we estimated in Colebrook:
Basic Dual-Pane to National Vinyl
If you already have dual-pane windows (non-EnergyStar rated), in Colebrook, your home value could increase by around $825.16 and $1097.47 for a mid-tier or top-tier Colebrook home respectively. Compare this to, the same replacement in Concord could yield somewhere between $860 and $1143.8.
Single-Pane to National Vinyl
When upgrading from low-efficiency single-pane windows, the potential is even greater. Colebrook homeowners may expect an estimated home value increase of between $2126.32 for mid-tier homes and $2828 for the top tier. Compare this to between $2360 and $3138.8 in Concord.
In other words, a window upgrade in Colebrook can add anywhere from 0.59% percent and 2.04 % percent to the value of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Colebrook homeowner is quite strong.
The variation between the range for Colebrook and Concord, which for reference, would yield a potential premium range of 0.62% percent and 0.82% percent respectively, is derived from a number of factors, principally; the -0.45% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the Berlin region, and heating & cooling cost differences between Colebrook and Concord.
The data presented is derived from EnergyStar, the NREL,Department of Energy and extensive research executed by the National Association of Homebuilders. Colebrook home value data is provided by Zillow.
[lme-module module=”market-activity” city=”Colebrook” state=”NH”]
Directions from Colebrook to our headquarters