Value You Can Measure
Brockton property owners have a whole host good reasons to replace their windows. Upgrading leaky windows, improving the look and feel of your home etc… Many such values should be measured relatively precisely.
For starters, windows maintain 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.
In terms of energy savings, households located in Brockton, are likely to see considerable savings on weekly spending for heating & cooling. If you already have dual pane windows you may save around $108.9 compared to $114 in Boston. Whereas, when replacing single-pane windows to National Vinyl’s EnergyStar rated windows you may save approximately $306.38 per annum, compared to $344 in Boston.
Grow your Brockton Home’s Resale Price through Energy Savings
[lme-module module=”market-stats” city=”Brockton” state=”MA”]
Switching your windows to EnergyStar rated National Vinyl windows could increase 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.
Moreover, many buyers are willing to pay a premium for energy savings. Here we try to estimate : What’s the ROI on energy savings if you sell your home? What follows is what we estimated in Brockton:
Basic Dual-Pane to National Vinyl
If you already have dual-pane windows (non-EnergyStar rated), in Brockton, your home value could increase by around $653.4 and $956.14 for a mid-tier or top-tier Brockton home respectively. Compare this to, the same upgrade in Boston could add somewhere between $684 and $1000.92.
Single-Pane to National Vinyl
When upgrading from low-efficiency single-pane windows, the potential is even greater. Brockton homeowners may expect an estimated home value increase of between $1838.28 for mid-tier homes and $2690.01 for the top tier. Compare this to between $2064 and $3020.32 in Boston.
Another way to look at it, a window investment in Brockton can add between 0.2% percent and 0.84 % percent to the sale price of your home through the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Brockton homeowner is relatively strong.
The variation between the range for Brockton and Boston, which for reference, would yield a potential premium range of 0.21% percent and 0.31% percent respectively, is derived from a number of factors, primarily; the -0.5% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Boston-Cambridge-Newton region, and energy price differences between Brockton and Boston.
The data presented is derived from EnergyStar, the NREL,Department of Energy and expert research done by the National Association of Homebuilders. Brockton home value data is provided by Zillow.
[lme-module module=”market-activity” city=”Brockton” state=”MA”]
Directions from Brockton to our headquarters