Description
Value You Can Measure
Braintree property owners have a variety valid reasons to upgrade their windows. Replacing leaky windows, improving the decor of your home etc… Some such features may be quantified relatively clearly.
First of all, windows retain about 72.3 percent of their initial purchase value in New England according to the Remodeling 2020 Cost vs. Value Report. This sets windows among the top 5 home improvement investments in terms of value retention.
As for energy savings, residents of Braintree, may experience impressive drops on monthly costs for energy. If you already have dual pane windows you could save about $112.27 compared to $114 in Boston. In contrast, when replacing single-pane windows to National Vinyl’s EnergyStar rated windows you may save about $331.27 per year, compared to $344 in Boston.
Improve your Braintree Home’s Resale Price through Energy Savings
[lme-module module=”market-stats” city=”Braintree” state=”MA”]
Switching your windows to EnergyStar rated National Vinyl windows can 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 figure out : What’s the return on energy savings if you sell your home? Here is what we found in Braintree:
Basic Dual-Pane to National Vinyl
If you already have dual-pane windows (non-EnergyStar rated), in Braintree, your home value could increase by between $1185.62 and $1653.36 for a mid-tier or top-tier Braintree home respectively. Compare this to, the same replacement in Boston could add somewhere between $1203.84 and $1678.76.
Single-Pane to National Vinyl
When upgrading from low-efficiency single-pane windows, the potential is even greater. Braintree homeowners may yield an estimated home value gain of between $3498.26 for mid-tier homes and $4878.35 for the top tier. Compare this to between $3632.64 and $5065.74 in Boston.
Put differently, a window upgrade in Braintree can add between 0.22% percent and 0.92 % percent to the value of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Braintree homeowner is relatively clear.
The variation between the range for Braintree and Boston, which for reference, would yield a potential premium range of 0.23% percent and 0.32% percent respectively, can be estimated from a number of factors, in particular; the -0.17% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Boston-Cambridge-Newton region, and energy price differences between Braintree and Boston.
The data presented is derived from EnergyStar, the NREL,Department of Energy and extensive research executed by the National Association of Homebuilders. Braintree home value data is provided by Zillow.
Data Sources & Disclaimers
Sources:
https://www.bls.gov/regions/
https://www.eia.gov/consumption/residential/data/2015/index.php?view=consumption
https://www.energy.gov/energysaver/design/windows-doors-and-skylights/update-or-replace-windows
https://www.eia.gov/consumption/residential/data/2015/index.php?view=consumption#by%20end%20uses
https://openei.org/wiki/NSTAR_Electric_Company
https://www.aceee.org/press/2018/10/aceee-2018-state-energy-efficiency
https://www.builderbooks.com/what-home-buyers-really-want–2019-edition-products-9780867187724.php?page_id=32&pid=NAH
http://eyeonhousing.org/2019/04/how-much-are-buyers-willing-to-pay-for-energy-efficiency/
https://www.builderbooks.com/what-home-buyers-really-want–2019-edition-products-9780867187731.php
https://www.remodeling.hw.net/cost-vs-value/2020/new-england/
Disclaimer: The information on our website is general in nature and is not intended as a substitute for competent legal, financial or engineering advice.
Although National Vinyl is a Member of the National Homebuilders association and TrustGard windows are the recipient of EnergyStar’s “Most Efficient”,
we wish to state clearly and unequivocally: the information provided does not consitute an endorsement by or from any third party. We make no representation as to the accuracy of the information entered by third parties.We, our directors or shareholders disclaim any liability for any damages or loss arising from your use thereof.
[lme-module module=”market-activity” city=”Braintree” state=”MA”]
Directions from Braintree to our headquarters
Window Installers Near Braintree:
State Licensed
Background Checked
Verified Reviews
Liability Insurance
Top Installers Near Braintree
More Installers Near Braintree
Search for Braintree Window Installers
Looking For A Price Quote? Get One Now!
Use our configurator for an instant online estimate and schedule a free in-home consultation.
1
Request a Quote
2
In-Home Consult (FREE)
3
Windows Installed
Lumberyards Near Braintree
Top Lumberyards Near Braintree
More Lumberyards Near Braintree
Need windows fast?
Buy from a TrustGard N.O.W. Lumberyard!
The N.O.W. program delivers Braintree inventory windows within 7 days, including application of standard extension jambs and mulling. TrustGard N.O.W. provides among the fastest turnaround times in Massachusetts, affording you the flexibility and responsiveness you need.
Energy Savings & ROI: Braintree vs the rest of Massachusetts
Find out how investing in new windows in Braintree compares to other nearby Massachusetts cities.