Value You Can Measure
Plymouth residents have a variety strong reasons to change their windows. Replacing damaged windows, improving the aesthetics of your home etc… Many such values may be measured quite explicitly.
To start, windows maintain about 72.3 percent of their initial purchase value in New England according to the Remodeling 2020 Cost vs. Value Report. This places windows among the top 5 home improvement investments in terms of value retention.
As for energy savings, people living in Plymouth, are likely to notice major decreases on monthly spending for heating & cooling. If you already have dual pane windows you may save about $109.19 compared to $116 in Philadelphia. On the other hand, when upgrading single-pane windows to National Vinyl’s EnergyStar rated windows you could save about $251.8 per year, compared to $294 in Philadelphia.
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Increase your Plymouth Home’s Resale Price through Energy Savings
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Replacing your windows to EnergyStar rated National Vinyl windows may add to 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.
Moreover, many buyers are willing to pay a premium for energy savings. Here we try to evaluate : What’s the ROI on energy savings if you put your house up for sale? This is what we found in Plymouth:
Basic Dual-Pane to National Vinyl
If you already have dual-pane windows (non-EnergyStar rated), in Plymouth, your home value could increase by between $545.95 and $726.11 for a mid-tier or top-tier Plymouth home respectively. For comparison, the same replacement in Philadelphia could add somewhere between $580 and $771.4.
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Single-Pane to National Vinyl
When upgrading from low-efficiency single-pane windows, the potential is even greater. Plymouth homeowners could yield an estimated home value increase of between $1259.02 for mid-tier homes and $1674.5 for the top tier. Compare this to between $1470 and $1955.1 in Philadelphia.
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Put differently, a window upgrade in Plymouth can add between 0.85% percent and 2.6 % percent to the sale 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 value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Plymouth homeowner is quite clear.
The variation between the range for Plymouth and Philadelphia, which for reference, would yield a potential premium range of 0.9% percent and 1.2% percent respectively, is dependent on a number of factors, in particular; the -0.65% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the Scranton–Wilkes-Barre–Hazleton region, and energy cost differences between Plymouth and Philadelphia.
The data presented is based on EnergyStar, the NREL,Department of Energy and expert research done by the NAHB. Plymouth home value data is provided by Zillow.
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Directions from Plymouth to our headquarters
