Saugus-Massachusetts Savings

Improve your Saugus Home’s Asking Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows can add to the asking 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 ascertain : What’s the premium for energy savings on the market? This is what we estimated in Saugus:

In other words, a window upgrade in Saugus can add between 0.14% percent and 0.61 % percent to the sale price of your home by way of 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 Saugus homeowner is relatively clear.

The variation between the range for Saugus and Boston, which for reference, would yield a potential premium range of 0.15% percent and 0.21% percent respectively, can be estimated from a number of factors, particularly; the -0.26% 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 Saugus and Boston.

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

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