Greensboro-Vermont Savings

Increase your Greensboro Home’s Value through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows could 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 estimate : What’s the premium for energy savings if you sell your home? The following is what we estimated in Greensboro:

Put differently, a window investment in Greensboro can add anywhere from 0.47% percent and 2.01 % percent to the value of your home through the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Greensboro homeowner is relatively clear.

The variation between the range for Greensboro and Burlington, which for reference, would yield a potential premium range of 0.46% percent and 0.68% percent respectively, can be estimated from a number of factors, primarily; the 0.26% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the region, and energy price differences between Greensboro and Burlington.

The data presented is based on EnergyStar, the NREL,Department of Energy and meticulous research conducted by the NAHB. Greensboro home value data is provided by Zillow.

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