Derry-New Hampshire Savings

Grow your Derry Home’s Value through Energy Savings

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Replacing 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to evaluate : What’s the premium for energy savings when it comes time to sell? The following is what we found in Derry:

In other words, a window investment in Derry can add between 0.34% percent and 1.4 % percent to the value of your home via the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Derry homeowner is quite strong.

The variation between the range for Derry and Concord, which for reference, would yield a potential premium range of 0.33% percent and 0.49% percent respectively, is dependent on a number of factors, in particular; the 0.23% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the Boston-Cambridge-Newton region, and energy price differences between Derry and Concord.

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

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