Westport-Connecticut Savings

Increase your Westport Home’s Resale Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to estimate : What’s the ROI on energy savings if you sell your home? Below is what we found in Westport:

Another way to look at it, a window investment in Westport can add anywhere from 0.37% percent and 2.41 % percent to the value of your home via 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 Westport homeowner is relatively strong.

The variation between the range for Westport and Hartford, which for reference, would yield a potential premium range of 0.22% percent and 0.34% percent respectively, is derived from a number of factors, notably; the 8.03% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the Bridgeport-Stamford-Norwalk region, and energy cost differences between Westport and Hartford.

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

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