Chicopee-Massachusetts Savings

Grow your Chicopee Home’s Asking Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to find out : What’s the return on investment on energy savings on the market? This is what we estimated in Chicopee:

Another way to look at it, a window investment in Chicopee can add anywhere from 0.32% percent and 1.3 % 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 Chicopee homeowner is relatively strong.

The variation between the range for Chicopee and Boston, which for reference, would yield a potential premium range of 0.35% percent and 0.51% percent respectively, is derived from a number of factors, principally; the -0.69% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Springfield region, and heating & cooling cost differences between Chicopee and Boston.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and professional research done by the National Association of Homebuilders. Chicopee home value data is provided by Zillow.

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