Mexico-Maine Savings

Improve your Mexico Home’s Asking Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows can add to 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to ascertain : What’s the ROI on energy savings if you put your house up for sale? Here is what we uncovered in Mexico:

In other words, a window upgrade in Mexico can add between 0.83% percent and 3.27 % percent to the value 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 Mexico homeowner is relatively strong.

The variation between the range for Mexico and Portland, which for reference, would yield a potential premium range of 0.89% percent and 1.19% percent respectively, is derived from a number of factors, especially; the -0.81% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the region, and heating & cooling price differences between Mexico and Portland.

The data presented is derived from EnergyStar, the NREL,Department of Energy and extensive research conducted by the National Association of Homebuilders. Mexico home value data is provided by Zillow.

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