Hull-Massachusetts Savings

Build your Hull Home’s Value through Energy Savings

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

Upgrading your windows to EnergyStar rated National Vinyl windows could 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to uncover : What’s the return on energy savings when it comes time to sell? Below is what we discovered in Hull:

In other words, a window upgrade in Hull can add anywhere from 0.16% percent and 0.66 % percent to the asking price of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Hull homeowner is relatively clear.

The variation between the range for Hull and Boston, which for reference, would yield a potential premium range of 0.16% percent and 0.24% percent respectively, is derived from a number of factors, particularly; the -0.33% 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 heating & cooling cost differences between Hull and Boston.

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

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

Directions from Hull to our headquarters