Essex Junction-Vermont Savings

Improve your Essex Junction Home’s Asking Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows can add to 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to uncover : What’s the return on investment on energy savings on the market? Below is what we uncovered in Essex Junction:

Another way to look at it, a window upgrade in Essex Junction can add anywhere from 0.35% percent and 1.45 % 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 initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Essex Junction homeowner is quite clear.

The variation between the range for Essex Junction and Burlington, which for reference, would yield a potential premium range of 0.35% percent and 0.51% percent respectively, is dependent on a number of factors, particularly; the 0.03% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Burlington-South Burlington region, and energy price differences between Essex Junction and Burlington.

The data presented is based on EnergyStar, the NREL,Department of Energy and expert research executed by the NAHB. Essex Junction home value data is provided by Zillow.

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