Lexington-Massachusetts Savings

Grow your Lexington Home’s Value through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows can add to 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 evaluate : What’s the return on investment on energy savings on the market? This is what we found in Lexington:

Another way to look at it, a window upgrade in Lexington can add anywhere from 0.15% percent and 0.77 % 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 worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Lexington homeowner is quite clear.

The variation between the range for Lexington and Boston, which for reference, would yield a potential premium range of 0.14% percent and 0.22% percent respectively, can be estimated from a number of factors, especially; the 0.66% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Boston-Cambridge-Newton region, and energy price differences between Lexington and Boston.

The data presented is derived from EnergyStar, the NREL,Department of Energy and meticulous research executed by the NAHB. Lexington home value data is provided by Zillow.

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