Gardner-Massachusetts Savings

Improve your Gardner Home’s Value 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 uncover : What’s the premium for energy savings on the market? Here is what we estimated in Gardner:

Another way to look at it, a window upgrade in Gardner can add anywhere from 0.3% percent and 1.21 % 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 worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Gardner homeowner is quite strong.

The variation between the range for Gardner and Boston, which for reference, would yield a potential premium range of 0.32% percent and 0.47% percent respectively, may come from a number of factors, primarily; the -0.66% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Worcester region, and energy price differences between Gardner and Boston.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and expert research done by the NAHB. Gardner home value data is provided by Zillow.

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