Huntington-Massachusetts Savings

Grow your Huntington Home’s Asking Price through Energy Savings

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Upgrading 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to uncover : What’s the return on energy savings on the market? This is what we discovered in Huntington:

Put differently, a window investment in Huntington can add anywhere from 0.29% percent and 1.17 % 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 initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Huntington homeowner is relatively strong.

The variation between the range for Huntington and Boston, which for reference, would yield a potential premium range of 0.31% percent and 0.45% percent respectively, may come from a number of factors, principally; the -0.65% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Springfield region, and energy cost differences between Huntington and Boston.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and meticulous research conducted by the NAHB. Huntington home value data is provided by Zillow.

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