Fitchburg-Massachusetts Savings

Improve your Fitchburg Home’s Value through Energy Savings

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Upgrading 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 estimate : What’s the ROI on energy savings on the market? Below is what we uncovered in Fitchburg:

Another way to look at it, a window upgrade in Fitchburg can add between 0.28% percent and 1.12 % percent to the value of your home via 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 Fitchburg homeowner is relatively strong.

The variation between the range for Fitchburg and Boston, which for reference, would yield a potential premium range of 0.3% percent and 0.43% percent respectively, is derived from a number of factors, especially; the -0.64% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Worcester region, and heating & cooling cost differences between Fitchburg and Boston.

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

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