Stratford-Connecticut Savings

Build your Stratford Home’s Value 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 evaluate : What’s the return on energy savings if you sell your home? Here is what we found in Stratford:

Put differently, a window upgrade in Stratford can add anywhere from 0.45% percent and 1.9 % percent to the asking price 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 initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Stratford homeowner is quite strong.

The variation between the range for Stratford and Hartford, which for reference, would yield a potential premium range of 0.4% percent and 0.59% percent respectively, is dependent on a number of factors, especially; the 1.24% 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 Stratford and Hartford.

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

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