Torrington-Connecticut Savings

Grow your Torrington Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows may 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.

Moreover, 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? Here is what we found in Torrington:

In other words, a window investment in Torrington can add between 0.61% percent and 2.13 % 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 initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Torrington homeowner is quite clear.

The variation between the range for Torrington and Hartford, which for reference, would yield a potential premium range of 0.59% percent and 0.79% percent respectively, can be estimated from a number of factors, principally; the 0.26% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the Torrington region, and heating & cooling price differences between Torrington and Hartford.

The data presented is derived from EnergyStar, the NREL,Department of Energy and meticulous research performed by the National Association of Homebuilders. Torrington home value data is provided by Zillow.

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