Everett-Massachusetts Savings

Improve your Everett Home’s Value through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows may 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 evaluate : What’s the premium for energy savings if you put your house up for sale? What follows is what we estimated in Everett:

In other words, a window investment in Everett can add anywhere from 0.15% percent and 0.62 % 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 upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Everett homeowner is relatively clear.

The variation between the range for Everett and Boston, which for reference, would yield a potential premium range of 0.15% percent and 0.22% percent respectively, is dependent on a number of factors, especially; the -0.28% 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 heating & cooling cost differences between Everett and Boston.

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

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