Leominster-Massachusetts Savings

Build your Leominster Home’s Asking Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows may increase the asking 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to determine : What’s the ROI on energy savings when it comes time to sell? What follows is what we estimated in Leominster:

In other words, a window upgrade in Leominster can add between 0.23% percent and 0.94 % percent to the value of your home via the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Leominster homeowner is quite clear.

The variation between the range for Leominster and Boston, which for reference, would yield a potential premium range of 0.24% percent and 0.36% percent respectively, can be estimated from a number of factors, primarily; the -0.56% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the Worcester region, and energy price differences between Leominster and Boston.

The data presented is based on EnergyStar, the NREL,Department of Energy and incredible research conducted by the NAHB. Leominster home value data is provided by Zillow.

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