Kittery-Maine Savings

Build your Kittery Home’s Resale Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may increase the sale 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 uncover : What’s the ROI on energy savings if you put your house up for sale? What follows is what we found in Kittery:

Another way to look at it, a window investment in Kittery can add anywhere from 0.19% percent and 0.93 % 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 worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Kittery homeowner is relatively strong.

The variation between the range for Kittery and Portland, which for reference, would yield a potential premium range of 0.19% percent and 0.27% percent respectively, is dependent on a number of factors, especially; the 0.12% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Portland-South Portland region, and heating & cooling price differences between Kittery and Portland.

The data presented is derived from EnergyStar, the NREL,Department of Energy and professional research done by the NAHB. Kittery home value data is provided by Zillow.

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