Randolph-Massachusetts Savings

Build your Randolph Home’s Resale Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows may 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 evaluate : What’s the return on energy savings on the market? Below is what we uncovered in Randolph:

In other words, a window upgrade in Randolph can add anywhere from 0.17% percent and 0.71 % percent to the asking price of your home through 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 Randolph homeowner is relatively clear.

The variation between the range for Randolph and Boston, which for reference, would yield a potential premium range of 0.18% percent and 0.26% percent respectively, is dependent on a number of factors, particularly; the -0.39% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Boston-Cambridge-Newton region, and heating & cooling price differences between Randolph and Boston.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and incredible research conducted by the NAHB. Randolph home value data is provided by Zillow.

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