Lynn-Massachusetts Savings

Increase your Lynn Home’s Value through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows can 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 evaluate : What’s the return on energy savings if you put your house up for sale? Here is what we estimated in Lynn:

Another way to look at it, a window investment in Lynn can add anywhere from 0.17% percent and 0.72 % percent to the sale price 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 Lynn homeowner is relatively clear.

The variation between the range for Lynn and Boston, which for reference, would yield a potential premium range of 0.18% percent and 0.26% percent respectively, is derived from a number of factors, notably; the -0.4% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the Boston-Cambridge-Newton region, and energy cost differences between Lynn and Boston.

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

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