Maynard-Massachusetts Savings

Increase your Maynard Home’s Value through Energy Savings

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Switching 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to determine : What’s the premium for energy savings when selling the house? What follows is what we discovered in Maynard:

Put differently, a window upgrade in Maynard can add anywhere from 0.16% percent and 0.67 % percent to the asking price of your home by way of 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 Maynard homeowner is relatively clear.

The variation between the range for Maynard 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, particularly; the -0.35% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the Boston-Cambridge-Newton region, and heating & cooling price differences between Maynard and Boston.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and expert research conducted by the NAHB. Maynard home value data is provided by Zillow.

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