West Hartford-Connecticut Savings

Grow your West Hartford Home’s Asking Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may increase 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to estimate : What’s the return on energy savings when it comes time to sell? Below is what we uncovered in West Hartford:

Another way to look at it, a window investment in West Hartford can add between 0.44% percent and 1.89 % 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 worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a West Hartford homeowner is relatively clear.

The variation between the range for West Hartford and Hartford, which for reference, would yield a potential premium range of 0.4% percent and 0.58% percent respectively, is derived from a number of factors, in particular; the 1.27% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the Hartford-West Hartford-East Hartford region, and energy cost differences between West Hartford and Hartford.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and extensive research executed by the National Association of Homebuilders. West Hartford home value data is provided by Zillow.

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