Stamford-Connecticut Savings

Improve your Stamford Home’s Asking Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could 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.

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? Below is what we estimated in Stamford:

In other words, a window upgrade in Stamford can add between 0.28% percent and 1.37 % percent to the value 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 worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Stamford homeowner is relatively clear.

The variation between the range for Stamford and Hartford, which for reference, would yield a potential premium range of 0.22% percent and 0.32% percent respectively, may come from a number of factors, particularly; the 3.15% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Bridgeport-Stamford-Norwalk region, and energy price differences between Stamford and Hartford.

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

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