North Granby-Connecticut Savings

Grow your North Granby Home’s Asking Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows could increase 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to determine : What’s the premium for energy savings if you put your house up for sale? The following is what we estimated in North Granby:

Put differently, a window upgrade in North Granby can add anywhere from 0.36% percent and 1.63 % percent to the sale price of your home via the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a North Granby homeowner is relatively clear.

The variation between the range for North Granby and Hartford, which for reference, would yield a potential premium range of 0.31% percent and 0.45% percent respectively, is derived from a number of factors, especially; the 1.94% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Hartford-West Hartford-East Hartford region, and heating & cooling price differences between North Granby and Hartford.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and expert research conducted by the NAHB. North Granby home value data is provided by Zillow.

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