Description
Value You Can Measure
South Windham homeowners have countless excellent reasons to replace their windows. Updating broken windows, refining the aesthetics of your home etc… Certain such values can be calculated rather explicitly.
Firstly, windows retain about 72.3 percent of their initial purchase value in New England according to the Remodeling 2020 Cost vs. Value Report. This sets windows among the top 5 home improvement investments in terms of value retention.
As for energy savings, households located in South Windham, are likely to notice significant decreases on monthly bill for energy. If you already have dual pane windows you may save about $177.98 compared to $172 in Hartford. Whereas, when replacing single-pane windows to National Vinyl’s EnergyStar rated windows you may save about $476.3 annually, compared to $439 in Hartford.
Improve your South Windham Home’s Resale Price through Energy Savings
[lme-module module=”market-stats” city=”South Windham” state=”CT”]
Switching 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 answer the question : What’s the return on energy savings if you sell your home? The following is what we estimated in South Windham:
Basic Dual-Pane to National Vinyl
If you already have dual-pane windows (non-EnergyStar rated), in South Windham, your home value could increase by between $1067.87 and $1562.65 for a mid-tier or top-tier South Windham home respectively. Compare this to, the same upgrade in Hartford could yield somewhere between $1032 and $1510.16.
Single-Pane to National Vinyl
When upgrading from low-efficiency single-pane windows, the potential is even greater. South Windham homeowners may expect an estimated home value gain of between $2857.8 for mid-tier homes and $4181.91 for the top tier. Compare this to between $2634 and $3854.42 in Hartford.
Put differently, a window investment in South Windham can add between 0.67% percent and 2.62 % percent to the asking price of your home through the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a South Windham homeowner is quite clear.
The variation between the range for South Windham and Hartford, which for reference, would yield a potential premium range of 0.65% percent and 0.95% percent respectively, may come from a number of factors, especially; the 0.39% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Worcester region, and energy price differences between South Windham and Hartford.
The data presented is derived from EnergyStar, the NREL,Department of Energy and expert research performed by the National Association of Homebuilders. South Windham home value data is provided by Zillow.
Data Sources & Disclaimers
Sources:
https://www.bls.gov/regions/
https://www.eia.gov/consumption/residential/data/2015/index.php?view=consumption
https://www.energy.gov/energysaver/design/windows-doors-and-skylights/update-or-replace-windows
https://www.eia.gov/consumption/residential/data/2015/index.php?view=consumption#by%20end%20uses
https://openei.org/wiki/NSTAR_Electric_Company
https://www.aceee.org/press/2018/10/aceee-2018-state-energy-efficiency
https://www.builderbooks.com/what-home-buyers-really-want–2019-edition-products-9780867187724.php?page_id=32&pid=NAH
http://eyeonhousing.org/2019/04/how-much-are-buyers-willing-to-pay-for-energy-efficiency/
https://www.builderbooks.com/what-home-buyers-really-want–2019-edition-products-9780867187731.php
https://www.remodeling.hw.net/cost-vs-value/2020/new-england/
Disclaimer: The information on our website is general in nature and is not intended as a substitute for competent legal, financial or engineering advice.
Although National Vinyl is a Member of the National Homebuilders association and TrustGard windows are the recipient of EnergyStar’s “Most Efficient”,
we wish to state clearly and unequivocally: the information provided does not consitute an endorsement by or from any third party. We make no representation as to the accuracy of the information entered by third parties.We, our directors or shareholders disclaim any liability for any damages or loss arising from your use thereof.
[lme-module module=”market-activity” city=”South Windham” state=”CT”]
Directions from South Windham to our headquarters
Window Installers Near South Windham:
State Licensed
Background Checked
Verified Reviews
Liability Insurance
Top Installers Near South Windham
More Installers Near South Windham
Search for South Windham Window Installers
Looking For A Price Quote? Get One Now!
Use our configurator for an instant online estimate and schedule a free in-home consultation.
1
Request a Quote
2
In-Home Consult (FREE)
3
Windows Installed
Lumberyards Near South Windham
Top Lumberyards Near South Windham
More Lumberyards Near South Windham
Need windows fast?
Buy from a TrustGard N.O.W. Lumberyard!
The N.O.W. program delivers South Windham inventory windows within 7 days, including application of standard extension jambs and mulling. TrustGard N.O.W. provides among the fastest turnaround times in Connecticut, affording you the flexibility and responsiveness you need.
Energy Savings & ROI: South Windham vs the rest of Connecticut
Find out how investing in new windows in South Windham compares to other nearby Connecticut cities.