Longmeadow-Massachusetts Savings

Build your Longmeadow Home’s Asking Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows could add to 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 ascertain : What’s the ROI on energy savings if you put your house up for sale? Below is what we discovered in Longmeadow:

Another way to look at it, a window investment in Longmeadow can add anywhere from 0.18% percent and 0.76 % percent to the asking price of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Longmeadow homeowner is quite strong.

The variation between the range for Longmeadow and Boston, which for reference, would yield a potential premium range of 0.19% percent and 0.28% percent respectively, is derived from a number of factors, primarily; the -0.44% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Springfield region, and heating & cooling price differences between Longmeadow and Boston.

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

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