Mechanic Falls-Maine Savings

Build your Mechanic Falls Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows can 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to estimate : What’s the ROI on energy savings when selling the house? Here is what we discovered in Mechanic Falls:

Another way to look at it, a window investment in Mechanic Falls can add anywhere from 0.39% percent and 1.78 % percent to the sale 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 Mechanic Falls homeowner is quite clear.

The variation between the range for Mechanic Falls and Portland, which for reference, would yield a potential premium range of 0.41% percent and 0.6% percent respectively, is derived from a number of factors, notably; the -0.49% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Lewiston-Auburn region, and energy price differences between Mechanic Falls and Portland.

The data presented is based on EnergyStar, the NREL,Department of Energy and professional research performed by the NAHB. Mechanic Falls home value data is provided by Zillow.

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