East Hampton-Connecticut Savings

Increase your East Hampton Home’s Asking Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows may add to the asking 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 find out : What’s the premium for energy savings if you sell your home? Here is what we found in East Hampton:

Put differently, a window investment in East Hampton can add between 0.46% percent and 1.96 % 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 upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a East Hampton homeowner is quite clear.

The variation between the range for East Hampton and Hartford, which for reference, would yield a potential premium range of 0.42% percent and 0.61% percent respectively, may come from a number of factors, primarily; the 1.13% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the Hartford-West Hartford-East Hartford region, and energy cost differences between East Hampton and Hartford.

The data presented is derived from EnergyStar, the NREL,Department of Energy and expert research conducted by the NAHB. East Hampton home value data is provided by Zillow.

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