Lowell-Vermont Savings

Improve your Lowell Home’s Asking Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may 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 answer the question : What’s the premium for energy savings when selling the house? The following is what we uncovered in Lowell:

Another way to look at it, a window upgrade in Lowell can add between 0.74% percent and 2.97 % percent to the value 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 initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Lowell homeowner is quite strong.

The variation between the range for Lowell and Burlington, which for reference, would yield a potential premium range of 0.7% percent and 0.93% percent respectively, is dependent on a number of factors, notably; the 0.59% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the region, and heating & cooling cost differences between Lowell and Burlington.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and professional research performed by the NAHB. Lowell home value data is provided by Zillow.

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