Blandford-Massachusetts Savings

Increase your Blandford Home’s Value through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows may increase the asking price 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 ascertain : What’s the return on energy savings if you put your house up for sale? What follows is what we discovered in Blandford:

Put differently, a window upgrade in Blandford can add between 0.28% percent and 1.12 % percent to the asking price of your home via the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Blandford homeowner is quite strong.

The variation between the range for Blandford and Boston, which for reference, would yield a potential premium range of 0.3% percent and 0.43% percent respectively, is dependent on a number of factors, in particular; the -0.64% 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 Blandford and Boston.

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

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