Savings Category: Replacement Window Savings

Description

Value You Can Measure

Marlborough property owners have a multitude good reasons to change their windows. Fixing damaged windows, improving the design of your home etc… Many such values should be measured quite explicitly.

To start, windows preserve 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.

In terms of energy savings, homeowners in Marlborough, will most probably notice major decreases on annual bill for energy. If you already have dual pane windows you could save about $168.33 compared to $172 in Concord. By comparison, when upgrading single-pane windows to National Vinyl’s EnergyStar rated windows you may save approximately $447.37 annually, compared to $472 in Concord.

Increase your Marlborough Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows may increase 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to determine : What’s the return on investment on energy savings if you put your house up for sale? What follows is what we discovered in Marlborough:

Basic Dual-Pane to National Vinyl

If you already have dual-pane windows (non-EnergyStar rated), in Marlborough, your home value could increase by between $1009.97 and $1477.92 for a mid-tier or top-tier Marlborough home respectively. For comparison, the same upgrade in Concord could add somewhere between $1032 and $1510.16.

Single-Pane to National Vinyl

When upgrading from low-efficiency single-pane windows, the potential is even greater. Marlborough homeowners may see an estimated home value increase of between $2684.21 for mid-tier homes and $3927.89 for the top tier. Compare this to between $2832 and $4144.16 in Concord.

In other words, a window upgrade in Marlborough can add anywhere from 0.52% percent and 2.04 % percent to the asking price of your home via 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 Marlborough homeowner is quite clear.

The variation between the range for Marlborough and Concord, which for reference, would yield a potential premium range of 0.54% percent and 0.78% percent respectively, is dependent on a number of factors, primarily; the -0.24% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Keene region, and energy cost differences between Marlborough and Concord.

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

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WW Building Supplies, Inc. – Newfane

23.74 miles

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Depot Home Center

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P. J. Currier Lumber Co

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Lambert Supply Co., Inc.

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