Forestdale-Massachusetts Savings

Increase your Forestdale Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows can 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.

Moreover, 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? Here is what we uncovered in Forestdale:

Put differently, a window upgrade in Forestdale can add between 0.17% percent and 0.72 % percent to the asking 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 value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Forestdale homeowner is relatively clear.

The variation between the range for Forestdale and Boston, which for reference, would yield a potential premium range of 0.18% percent and 0.26% percent respectively, may come from a number of factors, notably; the -0.4% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the Barnstable Town region, and energy cost differences between Forestdale and Boston.

The data presented is based on EnergyStar, the NREL,Department of Energy and expert research done by the NAHB. Forestdale home value data is provided by Zillow.

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