Vergennes-Vermont Savings

Increase your Vergennes Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows may 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to determine : What’s the ROI on energy savings if you put your house up for sale? This is what we uncovered in Vergennes:

Another way to look at it, a window investment in Vergennes can add between 0.55% percent and 2.34 % percent to the asking price of your home through 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 Vergennes homeowner is quite strong.

The variation between the range for Vergennes and Burlington, which for reference, would yield a potential premium range of 0.53% percent and 0.77% percent respectively, can be estimated from a number of factors, principally; the 0.35% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the region, and heating & cooling price differences between Vergennes and Burlington.

The data presented is based on EnergyStar, the NREL,Department of Energy and expert research performed by the National Association of Homebuilders. Vergennes home value data is provided by Zillow.

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