New Bedford-Massachusetts Savings

Grow your New Bedford Home’s Value through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could add to 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to figure out : What’s the premium for energy savings if you put your house up for sale? Below is what we uncovered in New Bedford:

Another way to look at it, a window investment in New Bedford can add between 0.25% percent and 1.01 % percent to the sale price of your home through 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 New Bedford homeowner is relatively strong.

The variation between the range for New Bedford and Boston, which for reference, would yield a potential premium range of 0.26% percent and 0.39% percent respectively, is dependent on a number of factors, particularly; the -0.59% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Providence-Warwick region, and heating & cooling cost differences between New Bedford and Boston.

The data presented is based on EnergyStar, the NREL,Department of Energy and extensive research executed by the National Association of Homebuilders. New Bedford home value data is provided by Zillow.

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