Wilmington-Vermont Savings

Increase your Wilmington Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows can increase 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 answer the question : What’s the ROI on energy savings if you sell your home? What follows is what we discovered in Wilmington:

Put differently, a window investment in Wilmington can add between 0.51% percent and 2.19 % 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 Wilmington homeowner is relatively clear.

The variation between the range for Wilmington and Burlington, which for reference, would yield a potential premium range of 0.5% percent and 0.73% percent respectively, may come from a number of factors, especially; the 0.31% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the region, and heating & cooling cost differences between Wilmington and Burlington.

The data presented is based on EnergyStar, the NREL,Department of Energy and professional research performed by the NAHB. Wilmington home value data is provided by Zillow.

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