Northampton-Massachusetts Savings

Improve your Northampton Home’s Asking Price through Energy Savings

[lme-module module=”market-stats” city=”Northampton” state=”MA”]

Switching your windows to EnergyStar rated National Vinyl windows can 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to ascertain : What’s the premium for energy savings on the market? Here is what we estimated in Northampton:

Put differently, a window investment in Northampton can add anywhere from 0.21% percent and 0.87 % percent to the value 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 Northampton homeowner is relatively strong.

The variation between the range for Northampton and Boston, which for reference, would yield a potential premium range of 0.22% percent and 0.33% percent respectively, is derived from a number of factors, especially; the -0.52% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Springfield region, and energy price differences between Northampton and Boston.

The data presented is based on EnergyStar, the NREL,Department of Energy and professional research performed by the NAHB. Northampton home value data is provided by Zillow.

[lme-module module=”market-activity” city=”Northampton” state=”MA”]

Directions from Northampton to our headquarters