Stafford Springs-Connecticut Savings

Increase your Stafford Springs Home’s Asking Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows may add to the value 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 estimate : What’s the return on investment on energy savings if you put your house up for sale? What follows is what we discovered in Stafford Springs:

In other words, a window investment in Stafford Springs can add between 0.56% percent and 2.27 % percent to the sale price of your home by way of 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 Stafford Springs homeowner is relatively strong.

The variation between the range for Stafford Springs and Hartford, which for reference, would yield a potential premium range of 0.53% percent and 0.77% percent respectively, is dependent on a number of factors, especially; the 0.7% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the Hartford-West Hartford-East Hartford region, and heating & cooling price differences between Stafford Springs and Hartford.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and expert research done by the National Association of Homebuilders. Stafford Springs home value data is provided by Zillow.

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