Northfield-Vermont Savings

Grow your Northfield Home’s Value through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to estimate : What’s the premium for energy savings if you sell your home? This is what we discovered in Northfield:

Another way to look at it, a window upgrade in Northfield can add anywhere from 0.66% percent and 2.88 % percent to the value of your home via the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Northfield homeowner is quite clear.

The variation between the range for Northfield and Burlington, which for reference, would yield a potential premium range of 0.64% percent and 0.93% percent respectively, is derived from a number of factors, primarily; the 0.46% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Barre region, and energy cost differences between Northfield and Burlington.

The data presented is based on EnergyStar, the NREL,Department of Energy and professional research performed by the National Association of Homebuilders. Northfield home value data is provided by Zillow.

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