East Haven-Connecticut Savings

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

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Upgrading your windows to EnergyStar rated National Vinyl windows could 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 estimate : What’s the return on energy savings on the market? Below is what we discovered in East Haven:

In other words, a window upgrade in East Haven can add between 0.54% percent and 2.22 % 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 initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a East Haven homeowner is quite strong.

The variation between the range for East Haven and Hartford, which for reference, would yield a potential premium range of 0.51% percent and 0.75% percent respectively, is derived from a number of factors, primarily; the 0.76% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the New Haven-Milford region, and heating & cooling cost differences between East Haven and Hartford.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and meticulous research conducted by the National Association of Homebuilders. East Haven home value data is provided by Zillow.

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