Newport-New Hampshire Savings

Build your Newport Home’s Value through Energy Savings

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Upgrading 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 estimate : What’s the return on energy savings when selling the house? The following is what we uncovered in Newport:

Another way to look at it, a window upgrade in Newport can add between 0.62% percent and 2.36 % percent to the value of your home via 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 Newport homeowner is quite clear.

The variation between the range for Newport and Concord, which for reference, would yield a potential premium range of 0.64% percent and 0.93% percent respectively, is dependent on a number of factors, principally; the -0.36% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the Claremont-Lebanon region, and heating & cooling cost differences between Newport and Concord.

The data presented is based on EnergyStar, the NREL,Department of Energy and expert research executed by the National Association of Homebuilders. Newport home value data is provided by Zillow.

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