Hopkinton-Rhode Island Savings

Build your Hopkinton Home’s Value through Energy Savings

[lme-module module=”market-stats” city=”Hopkinton” state=”RI”]

Switching your windows to EnergyStar rated National Vinyl windows can add to 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.

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 when selling the house? Here is what we discovered in Hopkinton:

In other words, a window upgrade in Hopkinton can add between 0.25% percent and 1.13 % percent to the asking price of your home through the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Hopkinton homeowner is quite clear.

The variation between the range for Hopkinton and Providence, which for reference, would yield a potential premium range of 0.25% percent and 0.36% percent respectively, can be estimated from a number of factors, in particular; the 0.27% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Providence-Warwick region, and energy cost differences between Hopkinton and Providence.

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

[lme-module module=”market-activity” city=”Hopkinton” state=”RI”]

Directions from Hopkinton to our headquarters