Marblehead-Massachusetts Savings

Build your Marblehead Home’s Resale Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows can 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 find out : What’s the ROI on energy savings when it comes time to sell? Here is what we found in Marblehead:

Another way to look at it, a window investment in Marblehead can add anywhere from 0.17% percent and 0.74 % 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 initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Marblehead homeowner is quite strong.

The variation between the range for Marblehead and Boston, which for reference, would yield a potential premium range of 0.17% percent and 0.24% percent respectively, can be estimated from a number of factors, especially; the 0.1% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Boston-Cambridge-Newton region, and heating & cooling price differences between Marblehead and Boston.

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

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