Petersham-Massachusetts Savings

Increase your Petersham Home’s Value through Energy Savings

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

Upgrading 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 determine : What’s the premium for energy savings on the market? The following is what we uncovered in Petersham:

In other words, a window investment in Petersham can add between 0.24% percent and 0.96 % percent to the asking price of your home via the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Petersham homeowner is quite clear.

The variation between the range for Petersham and Boston, which for reference, would yield a potential premium range of 0.25% percent and 0.36% percent respectively, is derived from a number of factors, in particular; the -0.57% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Worcester region, and heating & cooling price differences between Petersham and Boston.

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

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

Directions from Petersham to our headquarters