East Brookfield-Massachusetts Savings

Improve your East Brookfield Home’s Asking Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows could increase 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to ascertain : What’s the return on investment on energy savings when it comes time to sell? What follows is what we discovered in East Brookfield:

Put differently, a window upgrade in East Brookfield can add between 0.25% percent and 1.01 % percent to the sale price of your home by way of 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 East Brookfield homeowner is relatively clear.

The variation between the range for East Brookfield and Boston, which for reference, would yield a potential premium range of 0.26% percent and 0.38% percent respectively, can be estimated from a number of factors, principally; the -0.59% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the Worcester region, and heating & cooling cost differences between East Brookfield and Boston.

The data presented is derived from EnergyStar, the NREL,Department of Energy and professional research conducted by the NAHB. East Brookfield home value data is provided by Zillow.

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