Edgartown-Massachusetts Savings

Build your Edgartown Home’s Asking Price through Energy Savings

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Switching 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to answer the question : What’s the ROI on energy savings when it comes time to sell? The following is what we uncovered in Edgartown:

In other words, a window investment in Edgartown can add between 0.16% percent and 0.8 % percent to the asking price of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Edgartown homeowner is quite strong.

The variation between the range for Edgartown and Boston, which for reference, would yield a potential premium range of 0.15% percent and 0.23% percent respectively, is dependent on a number of factors, in particular; the 0.58% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the Vineyard Haven region, and heating & cooling price differences between Edgartown and Boston.

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

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