Framingham-Massachusetts Savings

Grow your Framingham Home’s Value through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows could add to 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 estimate : What’s the return on energy savings if you put your house up for sale? The following is what we uncovered in Framingham:

In other words, a window investment in Framingham can add anywhere from 0.15% percent and 0.64 % percent to the sale price of your home via the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Framingham homeowner is quite strong.

The variation between the range for Framingham and Boston, which for reference, would yield a potential premium range of 0.16% percent and 0.23% percent respectively, can be estimated from a number of factors, in particular; the -0.31% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the Boston-Cambridge-Newton region, and heating & cooling cost differences between Framingham and Boston.

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

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