Nantucket-Massachusetts Savings

Build your Nantucket Home’s Asking Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows could increase the sale 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 uncover : What’s the ROI on energy savings on the market? Below is what we discovered in Nantucket:

In other words, a window upgrade in Nantucket can add between 0.1% percent and 0.58 % percent to the value of your home via 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 Nantucket homeowner is quite strong.

The variation between the range for Nantucket and Boston, which for reference, would yield a potential premium range of 0.09% percent and 0.14% percent respectively, can be estimated from a number of factors, particularly; the 1.57% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the region, and energy price differences between Nantucket and Boston.

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

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