Newtown-Connecticut Savings

Build your Newtown Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could add to 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 determine : What’s the return on energy savings if you put your house up for sale? This is what we estimated in Newtown:

Another way to look at it, a window upgrade in Newtown can add anywhere from 0.32% percent and 1.52 % 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 value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Newtown homeowner is relatively clear.

The variation between the range for Newtown and Hartford, which for reference, would yield a potential premium range of 0.27% percent and 0.39% percent respectively, can be estimated from a number of factors, primarily; the 2.35% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the Bridgeport-Stamford-Norwalk region, and energy price differences between Newtown and Hartford.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and professional research executed by the National Association of Homebuilders. Newtown home value data is provided by Zillow.

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