Great Barrington-Massachusetts Savings

Improve your Great Barrington Home’s Asking Price through Energy Savings

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Replacing 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 ascertain : What’s the return on energy savings if you put your house up for sale? Below is what we estimated in Great Barrington:

In other words, a window investment in Great Barrington can add between 0.18% percent and 0.73 % percent to the value of your home by way of 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 Great Barrington homeowner is quite clear.

The variation between the range for Great Barrington and Boston, which for reference, would yield a potential premium range of 0.18% percent and 0.27% percent respectively, is derived from a number of factors, principally; the -0.41% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Pittsfield region, and heating & cooling price differences between Great Barrington and Boston.

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

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