Savings Category: Replacement Window Savings

Description

Value You Can Measure

Concord homeowners have a whole host good reasons to change their windows. Updating damaged windows, renewing the look and feel of your home etc… Some such values can be calculated relatively clearly.

Firstly, windows preserve about 72.3 percent of their initial purchase value in New England according to the Remodeling 2020 Cost vs. Value Report. This sets windows among the top 5 home improvement investments in terms of value retention.

As for energy savings, residents of Concord, will most probably have major decreases on monthly costs for electricity. If you already have dual pane windows you could save about $172 a year. By comparison, when upgrading single-pane windows to National Vinyl’s EnergyStar rated windows you could save approximately $472 per annum.

Improve your Concord Home’s Value through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows could add to 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 energy savings if you put your house up for sale? Here is what we estimated in Concord:

Basic Dual-Pane to National Vinyl

If you already have dual-pane windows (non-EnergyStar rated), in Concord, your home value could increase by around $1032 and $1510.16 for a mid-tier or top-tier Concord home respectively.

Single-Pane to National Vinyl

When upgrading from low-efficiency single-pane windows, the potential is even greater. Concord homeowners could yield an estimated home value gain of between $2832 for mid-tier homes and $4144.16 for the top tier.

In other words, a window investment in Concord can add between 0.41% percent and 1.64 % percent to the value of your home through the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Concord homeowner is quite clear.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and professional research conducted by the NAHB. Concord home value data is provided by Zillow.

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Energy Savings & ROI: Concord vs the rest of New Hampshire

Find out how investing in new windows in Concord compares to other nearby New Hampshire cities.