New Milford-Connecticut Savings

Build your New Milford Home’s Resale Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may add to 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 determine : What’s the ROI on energy savings on the market? What follows is what we estimated in New Milford:

Another way to look at it, a window upgrade in New Milford can add between 0.41% percent and 1.79 % 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 initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a New Milford homeowner is quite clear.

The variation between the range for New Milford and Hartford, which for reference, would yield a potential premium range of 0.36% percent and 0.53% percent respectively, is dependent on a number of factors, in particular; the 1.47% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Torrington region, and heating & cooling cost differences between New Milford and Hartford.

The data presented is derived from EnergyStar, the NREL,Department of Energy and extensive research executed by the NAHB. New Milford home value data is provided by Zillow.

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