Barre-Massachusetts Savings

Improve your Barre Home’s Resale Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may 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 ascertain : What’s the ROI on energy savings if you sell your home? Here is what we estimated in Barre:

In other words, a window upgrade in Barre can add anywhere from 0.26% percent and 1.05 % 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 initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Barre homeowner is relatively strong.

The variation between the range for Barre and Boston, which for reference, would yield a potential premium range of 0.27% percent and 0.4% percent respectively, can be estimated from a number of factors, in particular; the -0.61% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Worcester region, and energy price differences between Barre and Boston.

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

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