New Haven-Connecticut Savings

Build your New Haven Home’s Value through Energy Savings

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

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to figure out : What’s the return on energy savings on the market? What follows is what we uncovered in New Haven:

In other words, a window investment in New Haven can add between 0.59% percent and 2.37 % percent to the sale price of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a New Haven homeowner is quite strong.

The variation between the range for New Haven and Hartford, which for reference, would yield a potential premium range of 0.56% percent and 0.82% percent respectively, is derived from a number of factors, notably; the 0.6% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the New Haven-Milford region, and energy cost differences between New Haven and Hartford.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and extensive research done by the National Association of Homebuilders. New Haven home value data is provided by Zillow.

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