Groton-Vermont Savings

Improve your Groton Home’s Value through Energy Savings

[lme-module module=”market-stats” city=”Groton” state=”VT”]

Upgrading 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 ascertain : What’s the return on energy savings when it comes time to sell? What follows is what we discovered in Groton:

In other words, a window upgrade in Groton can add anywhere from 0.8% percent and 3.49 % 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 Groton homeowner is quite strong.

The variation between the range for Groton and Burlington, which for reference, would yield a potential premium range of 0.76% percent and 1.11% percent respectively, can be estimated from a number of factors, principally; the 0.55% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the region, and heating & cooling price differences between Groton and Burlington.

The data presented is based on EnergyStar, the NREL,Department of Energy and extensive research executed by the NAHB. Groton home value data is provided by Zillow.

[lme-module module=”market-activity” city=”Groton” state=”VT”]

Directions from Groton to our headquarters