Plainfield-Connecticut Savings

Grow your Plainfield Home’s Asking Price through Energy Savings

[lme-module module=”market-stats” city=”Plainfield” state=”CT”]

Upgrading your windows to EnergyStar rated National Vinyl windows could increase 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 evaluate : What’s the return on investment on energy savings if you sell your home? Below is what we uncovered in Plainfield:

Another way to look at it, a window upgrade in Plainfield can add between 0.55% percent and 2.23 % percent to the sale 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 upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Plainfield homeowner is relatively clear.

The variation between the range for Plainfield and Hartford, which for reference, would yield a potential premium range of 0.51% percent and 0.75% percent respectively, can be estimated from a number of factors, particularly; the 0.75% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the Worcester region, and heating & cooling cost differences between Plainfield and Hartford.

The data presented is based on EnergyStar, the NREL,Department of Energy and expert research executed by the NAHB. Plainfield home value data is provided by Zillow.

[lme-module module=”market-activity” city=”Plainfield” state=”CT”]

Directions from Plainfield to our headquarters