Lee-Massachusetts Savings

Improve your Lee Home’s Asking Price through Energy Savings

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

Switching your windows to EnergyStar rated National Vinyl windows can increase the sale 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to uncover : What’s the premium for energy savings on the market? What follows is what we uncovered in Lee:

Put differently, a window investment in Lee can add between 0.25% percent and 1.02 % percent to the sale 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 Lee homeowner is quite strong.

The variation between the range for Lee and Boston, which for reference, would yield a potential premium range of 0.26% percent and 0.39% percent respectively, can be estimated from a number of factors, primarily; the -0.59% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Pittsfield region, and heating & cooling price differences between Lee and Boston.

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

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

Directions from Lee to our headquarters