Milton-Vermont Savings

Increase your Milton Home’s Asking Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could 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 find out : What’s the return on investment on energy savings on the market? Below is what we discovered in Milton:

In other words, a window investment in Milton can add between 0.4% percent and 1.67 % percent to the sale price of your home through the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Milton homeowner is quite strong.

The variation between the range for Milton and Burlington, which for reference, would yield a potential premium range of 0.39% percent and 0.58% percent respectively, may come from a number of factors, notably; the 0.13% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the Burlington-South Burlington region, and energy price differences between Milton and Burlington.

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

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