Greenville-New Hampshire Savings

Improve your Greenville Home’s Asking Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows can 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to find out : What’s the return on energy savings if you put your house up for sale? What follows is what we uncovered in Greenville:

Put differently, a window upgrade in Greenville can add between 0.45% percent and 1.79 % 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 upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Greenville homeowner is relatively strong.

The variation between the range for Greenville and Concord, which for reference, would yield a potential premium range of 0.46% percent and 0.67% percent respectively, may come from a number of factors, especially; the -0.1% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the Manchester-Nashua region, and heating & cooling price differences between Greenville and Concord.

The data presented is derived from EnergyStar, the NREL,Department of Energy and extensive research conducted by the NAHB. Greenville home value data is provided by Zillow.

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