Holyoke-Massachusetts Savings

Grow your Holyoke Home’s Value through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows can increase 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 answer the question : What’s the ROI on energy savings if you put your house up for sale? Below is what we found in Holyoke:

In other words, a window upgrade in Holyoke can add anywhere from 0.31% percent and 1.22 % percent to the sale price of your home via the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Holyoke homeowner is quite strong.

The variation between the range for Holyoke and Boston, which for reference, would yield a potential premium range of 0.33% percent and 0.48% percent respectively, is dependent on a number of factors, notably; the -0.67% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the Springfield region, and energy price differences between Holyoke and Boston.

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

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