Willimantic-Connecticut Savings

Increase your Willimantic Home’s Asking Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows can 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to find out : What’s the return on energy savings when selling the house? This is what we uncovered in Willimantic:

Put differently, a window investment in Willimantic can add between 0.6% percent and 2.1 % percent to the value of your home by way of 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 Willimantic homeowner is quite clear.

The variation between the range for Willimantic and Hartford, which for reference, would yield a potential premium range of 0.58% percent and 0.78% percent respectively, can be estimated from a number of factors, particularly; the 0.28% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the Worcester region, and heating & cooling price differences between Willimantic and Hartford.

The data presented is based on EnergyStar, the NREL,Department of Energy and meticulous research done by the NAHB. Willimantic home value data is provided by Zillow.

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