North Bennington-Vermont Savings

Build your North Bennington Home’s Value through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows can 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 ascertain : What’s the return on energy savings when it comes time to sell? This is what we estimated in North Bennington:

In other words, a window investment in North Bennington can add between 0.68% percent and 2.97 % 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 North Bennington homeowner is relatively clear.

The variation between the range for North Bennington and Burlington, which for reference, would yield a potential premium range of 0.65% percent and 0.96% percent respectively, can be estimated from a number of factors, notably; the 0.48% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the Bennington region, and energy cost differences between North Bennington and Burlington.

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

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