Milford-New Hampshire Savings

Grow your Milford Home’s Asking Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows could 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 figure out : What’s the premium for energy savings on the market? This is what we estimated in Milford:

Another way to look at it, a window upgrade in Milford can add anywhere from 0.35% percent and 1.45 % percent to the asking 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 initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Milford homeowner is relatively strong.

The variation between the range for Milford and Concord, which for reference, would yield a potential premium range of 0.35% percent and 0.51% percent respectively, can be estimated from a number of factors, in particular; the 0.17% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the Manchester-Nashua region, and heating & cooling cost differences between Milford and Concord.

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

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