Winthrop-Maine Savings

Improve your Winthrop Home’s Resale Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may 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 evaluate : What’s the premium for energy savings if you sell your home? This is what we uncovered in Winthrop:

Another way to look at it, a window investment in Winthrop can add between 0.33% percent and 1.51 % percent to the value of your home through 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 Winthrop homeowner is quite clear.

The variation between the range for Winthrop and Portland, which for reference, would yield a potential premium range of 0.34% percent and 0.49% percent respectively, can be estimated from a number of factors, notably; the -0.38% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Augusta-Waterville region, and heating & cooling cost differences between Winthrop and Portland.

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

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