Niantic-Connecticut Savings

Grow your Niantic Home’s Resale Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows can increase 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 uncover : What’s the premium for energy savings on the market? What follows is what we estimated in Niantic:

Another way to look at it, a window upgrade in Niantic can add between 0.4% percent and 1.77 % percent to the value of your home through the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Niantic homeowner is relatively clear.

The variation between the range for Niantic and Hartford, which for reference, would yield a potential premium range of 0.35% percent and 0.52% percent respectively, may come from a number of factors, notably; the 1.53% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the Norwich-New London region, and heating & cooling price differences between Niantic and Hartford.

The data presented is derived from EnergyStar, the NREL,Department of Energy and meticulous research conducted by the National Association of Homebuilders. Niantic home value data is provided by Zillow.

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