East Hartford-Connecticut Savings

Build your East Hartford Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could increase 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to ascertain : What’s the premium for energy savings when it comes time to sell? This is what we estimated in East Hartford:

Put differently, a window upgrade in East Hartford can add between 0.65% percent and 2.55 % percent to the sale price of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a East Hartford homeowner is relatively strong.

The variation between the range for East Hartford and Hartford, which for reference, would yield a potential premium range of 0.62% percent and 0.91% percent respectively, is dependent on a number of factors, primarily; the 0.44% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Hartford-West Hartford-East Hartford region, and energy cost differences between East Hartford and Hartford.

The data presented is derived from EnergyStar, the NREL,Department of Energy and incredible research performed by the National Association of Homebuilders. East Hartford home value data is provided by Zillow.

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