Lynnfield-Massachusetts Savings

Increase your Lynnfield Home’s Asking Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could add to the value 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 answer the question : What’s the ROI on energy savings if you sell your home? This is what we uncovered in Lynnfield:

Put differently, a window investment in Lynnfield can add between 0.17% percent and 0.74 % percent to the value 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 Lynnfield homeowner is relatively clear.

The variation between the range for Lynnfield and Boston, which for reference, would yield a potential premium range of 0.17% percent and 0.24% percent respectively, may come from a number of factors, primarily; the 0.09% 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 heating & cooling price differences between Lynnfield and Boston.

The data presented is based on EnergyStar, the NREL,Department of Energy and meticulous research performed by the NAHB. Lynnfield home value data is provided by Zillow.

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