Portsmouth-New Hampshire Savings

Improve your Portsmouth Home’s Asking Price through Energy Savings

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Switching 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to answer the question : What’s the premium for energy savings when it comes time to sell? Here is what we found in Portsmouth:

Another way to look at it, a window investment in Portsmouth can add anywhere from 0.24% percent and 1.05 % percent to the sale price of your home via the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Portsmouth homeowner is relatively strong.

The variation between the range for Portsmouth and Concord, which for reference, would yield a potential premium range of 0.22% percent and 0.32% percent respectively, is dependent on a number of factors, particularly; the 0.86% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the Boston-Cambridge-Newton region, and energy cost differences between Portsmouth and Concord.

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

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