Waterford-Connecticut Savings

Improve your Waterford Home’s Asking Price through Energy Savings

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

Switching your windows to EnergyStar rated National Vinyl windows can add to the asking 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 uncover : What’s the ROI on energy savings when it comes time to sell? What follows is what we discovered in Waterford:

Another way to look at it, a window upgrade in Waterford can add anywhere from 0.46% percent and 1.96 % 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 upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Waterford homeowner is quite clear.

The variation between the range for Waterford and Hartford, which for reference, would yield a potential premium range of 0.42% percent and 0.62% percent respectively, is dependent on a number of factors, particularly; the 1.13% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the Norwich-New London region, and heating & cooling price differences between Waterford and Hartford.

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

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

Directions from Waterford to our headquarters