Windsor Locks-Connecticut Savings

Increase your Windsor Locks Home’s Resale Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows can increase 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 figure out : What’s the premium for energy savings if you put your house up for sale? The following is what we discovered in Windsor Locks:

In other words, a window investment in Windsor Locks can add between 0.56% percent and 2.27 % percent to the value of your home through the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Windsor Locks homeowner is relatively clear.

The variation between the range for Windsor Locks and Hartford, which for reference, would yield a potential premium range of 0.53% percent and 0.77% percent respectively, can be estimated from a number of factors, in particular; the 0.71% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Hartford-West Hartford-East Hartford region, and energy cost differences between Windsor Locks and Hartford.

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

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