Bourne-Massachusetts Savings

Grow your Bourne Home’s Resale Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows could add to the sale 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to figure out : What’s the premium for energy savings when selling the house? Below is what we estimated in Bourne:

Put differently, a window upgrade in Bourne can add between 0.17% percent and 0.71 % percent to the asking 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 value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Bourne homeowner is relatively clear.

The variation between the range for Bourne and Boston, which for reference, would yield a potential premium range of 0.18% percent and 0.26% percent respectively, is dependent on a number of factors, particularly; the -0.39% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the Barnstable Town region, and heating & cooling cost differences between Bourne and Boston.

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

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