Fall River-Massachusetts Savings

Grow your Fall River Home’s Asking Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may increase the asking 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 determine : What’s the return on investment on energy savings if you sell your home? This is what we uncovered in Fall River:

Another way to look at it, a window investment in Fall River can add between 0.24% percent and 0.99 % percent to the asking price of your home via 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 Fall River homeowner is quite clear.

The variation between the range for Fall River and Boston, which for reference, would yield a potential premium range of 0.26% percent and 0.38% percent respectively, is derived from a number of factors, primarily; the -0.58% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Providence-Warwick region, and heating & cooling cost differences between Fall River and Boston.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and incredible research performed by the NAHB. Fall River home value data is provided by Zillow.

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