Franklin-Massachusetts Savings

Increase your Franklin Home’s Asking Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows may 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 ascertain : What’s the ROI on energy savings when selling the house? The following is what we found in Franklin:

Another way to look at it, a window upgrade in Franklin can add anywhere from 0.15% percent and 0.62 % 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 value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Franklin homeowner is relatively clear.

The variation between the range for Franklin 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, particularly; the -0.28% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the Boston-Cambridge-Newton region, and energy cost differences between Franklin and Boston.

The data presented is derived from EnergyStar, the NREL,Department of Energy and incredible research performed by the National Association of Homebuilders. Franklin home value data is provided by Zillow.

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