Description
Value You Can Measure
West Rutland property owners have a whole host strong reasons to change their windows. Replacing damaged windows, refining the decor of your home etc… Many such benefits may be quantified relatively explicitly.
Firstly, windows retain about 72.3 percent of their initial purchase value in New England according to the Remodeling 2020 Cost vs. Value Report. This puts windows among the top 5 home improvement investments in terms of value retention.
As for energy savings, households located in West Rutland, are likely to notice large drops on annual spending for energy. If you already have dual pane windows you could save about $206.89 compared to $197 in Burlington. In contrast, when replacing single-pane windows to National Vinyl’s EnergyStar rated windows you could save approximately $620.86 per year, compared to $553 in Burlington.
Grow your West Rutland Home’s Value through Energy Savings
[lme-module module=”market-stats” city=”West Rutland” state=”VT”]
Upgrading 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 answer the question : What’s the premium for energy savings on the market? Here is what we estimated in West Rutland:
Basic Dual-Pane to National Vinyl
If you already have dual-pane windows (non-EnergyStar rated), in West Rutland, your home value could increase by between $1241.34 and $1816.49 for a mid-tier or top-tier West Rutland home respectively. For comparison, the same replacement in Burlington may get you somewhere between $1182 and $1729.66.
Single-Pane to National Vinyl
When upgrading from low-efficiency single-pane windows, the potential is even greater. West Rutland homeowners could see an estimated home value gain of between $3725.16 for mid-tier homes and $5451.15 for the top tier. Compare this to between $3318 and $4855.34 in Burlington.
Another way to look at it, a window upgrade in West Rutland can add between 0.81% percent and 3.56 % percent to the sale price of your home through 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 Rutland homeowner is quite strong.
The variation between the range for West Rutland and Burlington, which for reference, would yield a potential premium range of 0.77% percent and 1.13% percent respectively, may come from a number of factors, particularly; the 0.56% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Rutland region, and energy price differences between West Rutland and Burlington.
The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and incredible research executed by the NAHB. West Rutland home value data is provided by Zillow.
Data Sources & Disclaimers
Sources:
https://www.bls.gov/regions/
https://www.eia.gov/consumption/residential/data/2015/index.php?view=consumption
https://www.energy.gov/energysaver/design/windows-doors-and-skylights/update-or-replace-windows
https://www.eia.gov/consumption/residential/data/2015/index.php?view=consumption#by%20end%20uses
https://openei.org/wiki/NSTAR_Electric_Company
https://www.aceee.org/press/2018/10/aceee-2018-state-energy-efficiency
https://www.builderbooks.com/what-home-buyers-really-want–2019-edition-products-9780867187724.php?page_id=32&pid=NAH
http://eyeonhousing.org/2019/04/how-much-are-buyers-willing-to-pay-for-energy-efficiency/
https://www.builderbooks.com/what-home-buyers-really-want–2019-edition-products-9780867187731.php
https://www.remodeling.hw.net/cost-vs-value/2020/new-england/
Disclaimer: The information on our website is general in nature and is not intended as a substitute for competent legal, financial or engineering advice.
Although National Vinyl is a Member of the National Homebuilders association and TrustGard windows are the recipient of EnergyStar’s “Most Efficient”,
we wish to state clearly and unequivocally: the information provided does not consitute an endorsement by or from any third party. We make no representation as to the accuracy of the information entered by third parties.We, our directors or shareholders disclaim any liability for any damages or loss arising from your use thereof.
[lme-module module=”market-activity” city=”West Rutland” state=”VT”]
Directions from West Rutland to our headquarters
Window Installers Near West Rutland:
State Licensed
Background Checked
Verified Reviews
Liability Insurance
Top Installers Near West Rutland
More Installers Near West Rutland
Search for West Rutland Window Installers
Looking For A Price Quote? Get One Now!
Use our configurator for an instant online estimate and schedule a free in-home consultation.
1
Request a Quote
2
In-Home Consult (FREE)
3
Windows Installed
Lumberyards Near West Rutland
Top Lumberyards Near West Rutland
More Lumberyards Near West Rutland
Need windows fast?
Buy from a TrustGard N.O.W. Lumberyard!
The N.O.W. program delivers West Rutland inventory windows within 7 days, including application of standard extension jambs and mulling. TrustGard N.O.W. provides among the fastest turnaround times in Vermont, affording you the flexibility and responsiveness you need.
Energy Savings & ROI: West Rutland vs the rest of Vermont
Find out how investing in new windows in West Rutland compares to other nearby Vermont cities.