Yarmouth-Maine Savings

Increase your Yarmouth Home’s Value through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could add to 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to find out : What’s the premium for energy savings when it comes time to sell? The following is what we uncovered in Yarmouth:

Another way to look at it, a window upgrade in Yarmouth can add anywhere from 0.16% percent and 0.8 % percent to the sale price of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Yarmouth homeowner is quite strong.

The variation between the range for Yarmouth and Portland, which for reference, would yield a potential premium range of 0.15% percent and 0.22% percent respectively, may come from a number of factors, principally; the 0.36% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Portland-South Portland region, and heating & cooling price differences between Yarmouth and Portland.

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

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