Cambridge-Massachusetts Savings

Improve your Cambridge Home’s Resale Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows could add to 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 uncover : What’s the return on investment on energy savings if you sell your home? The following is what we found in Cambridge:

Put differently, a window upgrade in Cambridge can add between 0.14% percent and 0.63 % percent to the sale price of your home via the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Cambridge homeowner is relatively strong.

The variation between the range for Cambridge and Boston, which for reference, would yield a potential premium range of 0.14% percent and 0.2% percent respectively, is dependent on a number of factors, notably; the 0.35% 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 heating & cooling price differences between Cambridge and Boston.

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

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