Hancock-New Hampshire Savings

Build your Hancock Home’s Value through Energy Savings

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Switching 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 determine : What’s the premium for energy savings when it comes time to sell? Here is what we found in Hancock:

In other words, a window investment in Hancock can add between 0.36% percent and 1.47 % percent to the sale price of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Hancock homeowner is relatively strong.

The variation between the range for Hancock and Concord, which for reference, would yield a potential premium range of 0.36% percent and 0.52% percent respectively, may come from a number of factors, notably; the 0.15% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Manchester-Nashua region, and heating & cooling price differences between Hancock and Concord.

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

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