Kingston-Massachusetts Savings

Increase your Kingston Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows can increase 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 answer the question : What’s the premium for energy savings when it comes time to sell? What follows is what we uncovered in Kingston:

In other words, a window upgrade in Kingston can add between 0.15% percent and 0.65 % percent to the value of your home through the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Kingston homeowner is quite strong.

The variation between the range for Kingston and Boston, which for reference, would yield a potential premium range of 0.16% percent and 0.23% percent respectively, can be estimated from a number of factors, notably; the -0.32% 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 energy cost differences between Kingston and Boston.

The data presented is based on EnergyStar, the NREL,Department of Energy and expert research executed by the NAHB. Kingston home value data is provided by Zillow.

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