Oxford-Massachusetts Savings

Grow your Oxford Home’s Asking Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows can increase 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to evaluate : What’s the return on energy savings when selling the house? This is what we uncovered in Oxford:

In other words, a window upgrade in Oxford can add anywhere from 0.25% percent and 1.02 % percent to the sale price of your home through 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 Oxford homeowner is quite strong.

The variation between the range for Oxford and Boston, which for reference, would yield a potential premium range of 0.27% percent and 0.39% percent respectively, is derived from a number of factors, notably; the -0.6% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Worcester region, and heating & cooling price differences between Oxford and Boston.

The data presented is based on EnergyStar, the NREL,Department of Energy and incredible research conducted by the NAHB. Oxford home value data is provided by Zillow.

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