Reading-Massachusetts Savings

Build your Reading Home’s Resale Price through Energy Savings

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Upgrading 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 estimate : What’s the return on investment on energy savings if you sell your home? This is what we found in Reading:

In other words, a window investment in Reading can add anywhere from 0.19% percent and 0.8 % percent to the value of your home via 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 Reading homeowner is relatively clear.

The variation between the range for Reading and Boston, which for reference, would yield a potential premium range of 0.19% percent and 0.27% percent respectively, can be estimated from a number of factors, notably; the -0.01% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the Boston-Cambridge-Newton region, and heating & cooling cost differences between Reading and Boston.

The data presented is based on EnergyStar, the NREL,Department of Energy and expert research executed by the NAHB. Reading home value data is provided by Zillow.

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