West Haven-Connecticut Savings

Increase your West Haven Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows can add to 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 estimate : What’s the premium for energy savings if you put your house up for sale? Below is what we estimated in West Haven:

Another way to look at it, a window upgrade in West Haven can add anywhere from 0.56% percent and 2.27 % percent to the sale price of your home via the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a West Haven homeowner is relatively clear.

The variation between the range for West Haven and Hartford, 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, in particular; the 0.71% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the New Haven-Milford region, and heating & cooling cost differences between West Haven and Hartford.

The data presented is derived from EnergyStar, the NREL,Department of Energy and expert research performed by the NAHB. West Haven home value data is provided by Zillow.

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