Freeport-Maine Savings

Improve your Freeport Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows may add to 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 answer the question : What’s the return on investment on energy savings on the market? This is what we found in Freeport:

Put differently, a window investment in Freeport can add anywhere from 0.18% percent and 0.89 % percent to the value of your home via 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 Freeport homeowner is quite strong.

The variation between the range for Freeport and Portland, which for reference, would yield a potential premium range of 0.18% percent and 0.26% percent respectively, may come from a number of factors, especially; the 0.18% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the Portland-South Portland region, and energy price differences between Freeport and Portland.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and incredible research done by the NAHB. Freeport home value data is provided by Zillow.

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