Trumbull-Connecticut Savings

Increase your Trumbull Home’s Value through Energy Savings

[lme-module module=”market-stats” city=”Trumbull” state=”CT”]

Switching your windows to EnergyStar rated National Vinyl windows can increase 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 answer the question : What’s the premium for energy savings if you sell your home? The following is what we estimated in Trumbull:

Put differently, a window upgrade in Trumbull can add between 0.33% percent and 1.53 % percent to the sale 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 upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Trumbull homeowner is relatively strong.

The variation between the range for Trumbull and Hartford, which for reference, would yield a potential premium range of 0.27% percent and 0.4% percent respectively, may come from a number of factors, notably; the 2.28% 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 Trumbull and Hartford.

The data presented is based on EnergyStar, the NREL,Department of Energy and incredible research executed by the NAHB. Trumbull home value data is provided by Zillow.

[lme-module module=”market-activity” city=”Trumbull” state=”CT”]

Directions from Trumbull to our headquarters