Groton-Massachusetts Savings

Grow your Groton Home’s Value through Energy Savings

[lme-module module=”market-stats” city=”Groton” state=”MA”]

Replacing your windows to EnergyStar rated National Vinyl windows may increase 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to estimate : What’s the return on energy savings on the market? What follows is what we found in Groton:

In other words, a window investment in Groton can add between 0.24% percent and 0.96 % percent to the value of your home through the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Groton homeowner is relatively clear.

The variation between the range for Groton and Boston, which for reference, would yield a potential premium range of 0.24% percent and 0.33% percent respectively, is derived from a number of factors, especially; the -0.21% 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 energy price differences between Groton and Boston.

The data presented is derived from EnergyStar, the NREL,Department of Energy and extensive research executed by the NAHB. Groton home value data is provided by Zillow.

[lme-module module=”market-activity” city=”Groton” state=”MA”]

Directions from Groton to our headquarters