Northfield-Massachusetts Savings

Improve your Northfield Home’s Asking Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows may add to the value 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 return on investment on energy savings when selling the house? What follows is what we found in Northfield:

Another way to look at it, a window upgrade in Northfield can add anywhere from 0.28% percent and 1.14 % 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 Northfield homeowner is relatively strong.

The variation between the range for Northfield and Boston, which for reference, would yield a potential premium range of 0.3% percent and 0.44% percent respectively, can be estimated from a number of factors, especially; the -0.64% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Greenfield Town region, and heating & cooling cost differences between Northfield and Boston.

The data presented is derived from EnergyStar, the NREL,Department of Energy and meticulous research executed by the NAHB. Northfield home value data is provided by Zillow.

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