Gray-Maine Savings

Build your Gray Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows may increase 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to ascertain : What’s the return on energy savings if you put your house up for sale? Below is what we found in Gray:

In other words, a window investment in Gray can add anywhere from 0.24% percent and 1.14 % percent to the value of your home through the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Gray homeowner is quite clear.

The variation between the range for Gray and Portland, which for reference, would yield a potential premium range of 0.24% percent and 0.35% percent respectively, is derived from a number of factors, especially; the -0.14% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Portland-South Portland region, and energy price differences between Gray and Portland.

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

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