Franklin-New Hampshire Savings

Grow your Franklin Home’s Value through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could increase the sale 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 determine : What’s the return on energy savings when selling the house? This is what we found in Franklin:

Put differently, a window investment in Franklin can add anywhere from 0.51% percent and 1.98 % percent to the asking price of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Franklin homeowner is relatively strong.

The variation between the range for Franklin and Concord, which for reference, would yield a potential premium range of 0.52% percent and 0.76% percent respectively, is dependent on a number of factors, notably; the -0.21% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Concord region, and heating & cooling price differences between Franklin and Concord.

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

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