Savings Category: Replacement Window Savings

Description

Value You Can Measure

Raymond residents have a variety excellent reasons to change their windows. Replacing old windows, improving the aesthetics of your home etc… Certain such values should be measured quite clearly.

First of all, windows preserve 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.

In terms of energy savings, people living in Raymond, can expect to see impressive reductions on annual bill for electricity. If you already have dual pane windows you may save approximately $174.47 compared to $172 in Concord. In contrast, when upgrading single-pane windows to National Vinyl’s EnergyStar rated windows you may save about $488.57 every year, compared to $472 in Concord.

Build your Raymond Home’s Asking Price through Energy Savings

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Replacing 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 ROI on energy savings when selling the house? Here is what we found in Raymond:

Basic Dual-Pane to National Vinyl

If you already have dual-pane windows (non-EnergyStar rated), in Raymond, your home value could increase by between $1046.82 and $1531.84 for a mid-tier or top-tier Raymond home respectively. Compare this to, the same replacement in Concord could add somewhere between $1032 and $1510.16.

Single-Pane to National Vinyl

When upgrading from low-efficiency single-pane windows, the potential is even greater. Raymond homeowners may expect an estimated home value gain of between $2931.4 for mid-tier homes and $4289.62 for the top tier. Compare this to between $2832 and $4144.16 in Concord.

In other words, a window investment in Raymond can add between 0.36% percent and 1.46 % percent to the sale price of your home through the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Raymond homeowner is relatively clear.

The variation between the range for Raymond and Concord, which for reference, would yield a potential premium range of 0.35% percent and 0.52% percent respectively, can be estimated from a number of factors, notably; the 0.16% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Boston-Cambridge-Newton region, and energy cost differences between Raymond and Concord.

The data presented is based on EnergyStar, the NREL,Department of Energy and incredible research performed by the NAHB. Raymond home value data is provided by Zillow.

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Lumberyards Near Raymond

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Cyr Lumber Co., Inc.

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Mast Road Grain & Building Materials Co.

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