Granby-Massachusetts Savings

Improve your Granby Home’s Resale Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may increase 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 premium for energy savings if you sell your home? The following is what we uncovered in Granby:

In other words, a window investment in Granby can add between 0.25% percent and 1 % 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 upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Granby homeowner is relatively clear.

The variation between the range for Granby and Boston, which for reference, would yield a potential premium range of 0.26% percent and 0.38% percent respectively, is derived from a number of factors, in particular; the -0.59% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Springfield region, and energy price differences between Granby and Boston.

The data presented is based on EnergyStar, the NREL,Department of Energy and expert research executed by the National Association of Homebuilders. Granby home value data is provided by Zillow.

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