Tiverton-Rhode Island Savings

Grow your Tiverton Home’s Resale Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may 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.

Moreover, 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 when it comes time to sell? Below is what we uncovered in Tiverton:

In other words, a window upgrade in Tiverton can add between 0.23% percent and 1.08 % percent to the asking 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 initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Tiverton homeowner is quite strong.

The variation between the range for Tiverton and Providence, which for reference, would yield a potential premium range of 0.22% percent and 0.33% percent respectively, is derived from a number of factors, especially; the 0.54% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Providence-Warwick region, and energy cost differences between Tiverton and Providence.

The data presented is based on EnergyStar, the NREL,Department of Energy and professional research done by the NAHB. Tiverton home value data is provided by Zillow.

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