East Providence-Rhode Island Savings

Grow your East Providence Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows can 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 return on energy savings if you sell your home? What follows is what we estimated in East Providence:

In other words, a window upgrade in East Providence can add between 0.28% percent and 1.21 % percent to the value 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 Providence homeowner is relatively clear.

The variation between the range for East Providence and Providence, which for reference, would yield a potential premium range of 0.28% percent and 0.41% percent respectively, is dependent on a number of factors, in particular; the 0.07% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Providence-Warwick region, and heating & cooling cost differences between East Providence and Providence.

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

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