Shelton-Connecticut Savings

Increase your Shelton Home’s Resale Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows could increase 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to determine : What’s the return on investment on energy savings on the market? This is what we estimated in Shelton:

Another way to look at it, a window upgrade in Shelton can add between 0.37% percent and 1.65 % percent to the asking price of your home through 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 Shelton homeowner is quite strong.

The variation between the range for Shelton and Hartford, which for reference, would yield a potential premium range of 0.31% percent and 0.46% percent respectively, is dependent on a number of factors, particularly; the 1.87% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Bridgeport-Stamford-Norwalk region, and heating & cooling cost differences between Shelton and Hartford.

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

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