Rumford-Maine Savings

Increase your Rumford Home’s Resale Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows can 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 answer the question : What’s the return on investment on energy savings if you put your house up for sale? Below is what we uncovered in Rumford:

Put differently, a window upgrade in Rumford can add between 0.69% percent and 2.72 % 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 value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Rumford homeowner is relatively clear.

The variation between the range for Rumford and Portland, which for reference, would yield a potential premium range of 0.74% percent and 0.98% percent respectively, may come from a number of factors, especially; the -0.77% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the region, and energy cost differences between Rumford and Portland.

The data presented is derived from EnergyStar, the NREL,Department of Energy and professional research executed by the NAHB. Rumford home value data is provided by Zillow.

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