Belmont-Massachusetts Savings

Build your Belmont Home’s Value through Energy Savings

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Replacing 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 return on energy savings on the market? What follows is what we uncovered in Belmont:

Put differently, a window investment in Belmont can add between 0.15% percent and 0.76 % percent to the sale price of your home through the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Belmont homeowner is quite clear.

The variation between the range for Belmont and Boston, which for reference, would yield a potential premium range of 0.14% percent and 0.22% percent respectively, is derived from a number of factors, notably; the 0.67% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the Boston-Cambridge-Newton region, and heating & cooling price differences between Belmont and Boston.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and professional research done by the NAHB. Belmont home value data is provided by Zillow.

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