Holland-Massachusetts Savings

Improve your Holland Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could add to the asking 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to ascertain : What’s the premium for energy savings when it comes time to sell? This is what we estimated in Holland:

In other words, a window investment in Holland can add between 0.27% percent and 1.07 % percent to the sale price of your home through 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 Holland homeowner is relatively strong.

The variation between the range for Holland and Boston, which for reference, would yield a potential premium range of 0.28% percent and 0.41% percent respectively, is dependent on a number of factors, particularly; the -0.62% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the Springfield region, and energy cost differences between Holland and Boston.

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

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