Norwich-Vermont Savings

Improve your Norwich Home’s Value through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could 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 uncover : What’s the ROI on energy savings if you sell your home? What follows is what we found in Norwich:

Another way to look at it, a window investment in Norwich can add anywhere from 0.25% percent and 0.97 % percent to the asking price of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Norwich homeowner is quite clear.

The variation between the range for Norwich and Burlington, which for reference, would yield a potential premium range of 0.25% percent and 0.37% percent respectively, may come from a number of factors, principally; the -0.34% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Claremont-Lebanon region, and energy cost differences between Norwich and Burlington.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and incredible research done by the NAHB. Norwich home value data is provided by Zillow.

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