Millers Falls-Massachusetts Savings

Grow your Millers Falls Home’s Value through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows may 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to determine : What’s the ROI on energy savings when it comes time to sell? The following is what we uncovered in Millers Falls:

In other words, a window investment in Millers Falls can add between 0.39% percent and 1.55 % percent to the sale price of your home via 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 Millers Falls homeowner is quite strong.

The variation between the range for Millers Falls and Boston, which for reference, would yield a potential premium range of 0.42% percent and 0.61% percent respectively, is dependent on a number of factors, in particular; the -0.74% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Greenfield Town region, and heating & cooling price differences between Millers Falls and Boston.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and professional research conducted by the National Association of Homebuilders. Millers Falls home value data is provided by Zillow.

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