Richford-Vermont Savings

Build your Richford Home’s Asking Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows may 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to answer the question : What’s the return on investment on energy savings when selling the house? Here is what we uncovered in Richford:

In other words, a window upgrade in Richford can add anywhere from 0.97% percent and 3.94 % 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 Richford homeowner is relatively strong.

The variation between the range for Richford and Burlington, which for reference, would yield a potential premium range of 0.92% percent and 1.22% percent respectively, is dependent on a number of factors, principally; the 0.69% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Burlington-South Burlington region, and energy cost differences between Richford and Burlington.

The data presented is derived from EnergyStar, the NREL,Department of Energy and extensive research executed by the National Association of Homebuilders. Richford home value data is provided by Zillow.

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