Savings Category: Replacement Window Savings

Description

Value You Can Measure

Littleton homeowners have a variety strong reasons to change their windows. Updating old windows, changing the style of your home etc… Many such benefits should be counted relatively clearly.

First of all, windows conserve about 72.3 percent of their initial purchase value in New England according to the Remodeling 2020 Cost vs. Value Report. This places windows among the top 5 home improvement investments in terms of value retention.

As for energy savings, homes in Littleton, can expect to notice major reductions on monthly spending for energy. If you already have dual pane windows you could save approximately $168.69 compared to $172 in Concord. By comparison, when upgrading single-pane windows to National Vinyl’s EnergyStar rated windows you may save about $449.79 per year, compared to $472 in Concord.

Increase your Littleton Home’s Asking Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may 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 ascertain : What’s the return on investment on energy savings if you sell your home? This is what we found in Littleton:

Basic Dual-Pane to National Vinyl

If you already have dual-pane windows (non-EnergyStar rated), in Littleton, your home value could increase by around $1012.14 and $1481.09 for a mid-tier or top-tier Littleton home respectively. Compare this to, the same upgrade in Concord may get you somewhere between $1032 and $1510.16.

Single-Pane to National Vinyl

When upgrading from low-efficiency single-pane windows, the potential is even greater. Littleton homeowners may yield an estimated home value gain of between $2698.75 for mid-tier homes and $3949.17 for the top tier. Compare this to between $2832 and $4144.16 in Concord.

Put differently, a window upgrade in Littleton can add between 0.51% percent and 1.99 % 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 worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Littleton homeowner is quite strong.

The variation between the range for Littleton and Concord, which for reference, would yield a potential premium range of 0.52% percent and 0.76% percent respectively, may come from a number of factors, primarily; the -0.21% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Claremont-Lebanon region, and energy cost differences between Littleton and Concord.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and incredible research conducted by the NAHB. Littleton home value data is provided by Zillow.

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