Dedham-Massachusetts Savings

Increase your Dedham Home’s Value through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows could add to the value 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 ascertain : What’s the ROI on energy savings on the market? The following is what we uncovered in Dedham:

Put differently, a window upgrade in Dedham can add between 0.22% percent and 0.91 % percent to the sale price of your home via the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Dedham homeowner is quite strong.

The variation between the range for Dedham and Boston, which for reference, would yield a potential premium range of 0.22% percent and 0.31% percent respectively, may come from a number of factors, particularly; the -0.15% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the Boston-Cambridge-Newton region, and energy cost differences between Dedham and Boston.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and professional research done by the NAHB. Dedham home value data is provided by Zillow.

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