Medford-Massachusetts Savings

Improve your Medford Home’s Resale Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to uncover : What’s the ROI on energy savings if you sell your home? Here is what we estimated in Medford:

Another way to look at it, a window upgrade in Medford can add anywhere from 0.19% percent and 0.81 % percent to the sale 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 worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Medford homeowner is relatively strong.

The variation between the range for Medford and Boston, which for reference, would yield a potential premium range of 0.19% percent and 0.27% percent respectively, is dependent on a number of factors, in particular; the -0.02% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Boston-Cambridge-Newton region, and heating & cooling price differences between Medford and Boston.

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

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