Chatham-Massachusetts Savings

Increase your Chatham Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows can 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 find out : What’s the premium for energy savings when selling the house? Below is what we estimated in Chatham:

Put differently, a window investment in Chatham can add anywhere from 0.17% percent and 0.73 % 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 initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Chatham homeowner is relatively clear.

The variation between the range for Chatham and Boston, which for reference, would yield a potential premium range of 0.17% percent and 0.24% percent respectively, can be estimated from a number of factors, notably; the 0.12% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Barnstable Town region, and heating & cooling cost differences between Chatham and Boston.

The data presented is derived from EnergyStar, the NREL,Department of Energy and extensive research conducted by the National Association of Homebuilders. Chatham home value data is provided by Zillow.

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