Agawam-Massachusetts Savings

Grow your Agawam Home’s Resale Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows could 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to uncover : What’s the return on energy savings if you put your house up for sale? What follows is what we found in Agawam:

In other words, a window investment in Agawam can add between 0.27% percent and 1.08 % percent to the asking price of your home through the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Agawam homeowner is quite clear.

The variation between the range for Agawam and Boston, which for reference, would yield a potential premium range of 0.28% percent and 0.42% percent respectively, is derived from a number of factors, principally; the -0.62% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Springfield region, and heating & cooling cost differences between Agawam and Boston.

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

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