Revere-Massachusetts Savings

Improve your Revere Home’s Value through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows can 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to uncover : What’s the return on energy savings if you sell your home? Below is what we found in Revere:

In other words, a window investment in Revere can add between 0.15% percent and 0.64 % 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 initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Revere homeowner is quite clear.

The variation between the range for Revere and Boston, which for reference, would yield a potential premium range of 0.16% percent and 0.23% percent respectively, is derived from a number of factors, notably; the -0.31% 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 price differences between Revere and Boston.

The data presented is derived from EnergyStar, the NREL,Department of Energy and expert research performed by the National Association of Homebuilders. Revere home value data is provided by Zillow.

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