Wethersfield-Connecticut Savings

Improve your Wethersfield Home’s Value through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could add to the sale 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 evaluate : What’s the ROI on energy savings on the market? This is what we uncovered in Wethersfield:

In other words, a window upgrade in Wethersfield can add anywhere from 0.45% percent and 1.93 % 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 upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Wethersfield homeowner is relatively clear.

The variation between the range for Wethersfield and Hartford, which for reference, would yield a potential premium range of 0.41% percent and 0.6% percent respectively, may come from a number of factors, particularly; the 1.18% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the Hartford-West Hartford-East Hartford region, and heating & cooling cost differences between Wethersfield and Hartford.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and incredible research conducted by the National Association of Homebuilders. Wethersfield home value data is provided by Zillow.

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