North Westminster-Vermont Savings

Increase your North Westminster Home’s Value through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows can add to the asking 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 answer the question : What’s the return on energy savings when it comes time to sell? What follows is what we estimated in North Westminster:

In other words, a window investment in North Westminster can add between 0.71% percent and 2.84 % percent to the value 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 upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a North Westminster homeowner is quite clear.

The variation between the range for North Westminster and Burlington, which for reference, would yield a potential premium range of 0.68% percent and 0.9% percent respectively, is dependent on a number of factors, in particular; the 0.58% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the region, and energy cost differences between North Westminster and Burlington.

The data presented is based on EnergyStar, the NREL,Department of Energy and incredible research conducted by the NAHB. North Westminster home value data is provided by Zillow.

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