Sanford-Maine Savings

Increase your Sanford Home’s Asking Price through Energy Savings

[lme-module module=”market-stats” city=”Sanford” state=”ME”]

Upgrading your windows to EnergyStar rated National Vinyl windows can 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to figure out : What’s the return on investment on energy savings when it comes time to sell? The following is what we estimated in Sanford:

Another way to look at it, a window investment in Sanford can add anywhere from 0.33% percent and 1.52 % 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 Sanford homeowner is quite clear.

The variation between the range for Sanford and Portland, which for reference, would yield a potential premium range of 0.34% percent and 0.5% percent respectively, can be estimated from a number of factors, especially; the -0.39% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Portland-South Portland region, and energy price differences between Sanford and Portland.

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

[lme-module module=”market-activity” city=”Sanford” state=”ME”]

Directions from Sanford to our headquarters