Value You Can Measure
Saugus residents have a multitude excellent reasons to upgrade their windows. Repairing old windows, refining the style of your home etc… Some such features should be calculated relatively explicitly.
To begin with, windows preserve about 72.3 percent of their initial purchase value in New England according to the Remodeling 2020 Cost vs. Value Report. This sets windows among the top 5 home improvement investments in terms of value retention.
With regards to energy savings, households located in Saugus, can expect to see large savings on annual costs for home energy. If you already have dual pane windows you could save approximately $111.31 compared to $114 in Boston. By comparison, when replacing single-pane windows to National Vinyl’s EnergyStar rated windows you could save approximately $324.17 per year, compared to $344 in Boston.
[qcld-ichart label=”Boston Dual ,Saugus Dual,Boston Single,Saugus Single” aspectratio=”1″ value=”114,111.31,344,324.17″ type=”bar” title=”Energy Savings When Replacing Conventional Single/Dual Pane To National Vinyl Windows” datasetname=”Energy savings in $ per annum ” width=”” backgroundcolor=”” bgcolor=”‘#1e73be’,’#42bc23′,’#1e73be’,’#42bc23′” bordercolor=”” pointerstyle=”circle” linestyle=”filledfilled”]
Improve your Saugus Home’s Asking Price through Energy Savings
[lme-module module=”market-stats” city=”Saugus” state=”MA”]
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:
Basic Dual-Pane to National Vinyl
If you already have dual-pane windows (non-EnergyStar rated), in Saugus, your home value could increase by between $667.87 and $977.32 for a mid-tier or top-tier Saugus home respectively. For comparison, the same upgrade in Boston could yield somewhere between $684 and $1000.92.
[qcld-ichart label=”Boston Mid-Tier,Saugus Mid-Tier,Boston Top-Tier,Saugus Top-Tier” aspectratio=”1″ value=”684,667.87,1000.92,977.32″ type=”bar” title=”Dual-Pane to National Vinyl ” datasetname=”Energy Savings Premium” width=”” backgroundcolor=”” bgcolor=”‘#1e73be’,’#42bc23′,’#1e73be’,’#42bc23′” bordercolor=”” pointerstyle=”circle” linestyle=”filledfilled”]
Single-Pane to National Vinyl
When upgrading from low-efficiency single-pane windows, the potential is even greater. Saugus homeowners could see an estimated home value gain of between $1945.04 for mid-tier homes and $2846.24 for the top tier. Compare this to between $2064 and $3020.32 in Boston.
[qcld-ichart label=”Boston Mid-Tier,Saugus Mid-Tier,Boston Top-Tier,Saugus Top-Tier” aspectratio=”1″ value=”2064,1945.04,3020.32,2846.24″ type=”bar” title=”Single-Pane to National Vinyl ” datasetname=”Energy Savings Premium” width=”” backgroundcolor=”” bgcolor=”‘#1e73be’,’#42bc23′,’#1e73be’,’#42bc23′” bordercolor=”” pointerstyle=”circle” linestyle=”filledfilled”]
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.
[lme-module module=”market-activity” city=”Saugus” state=”MA”]
Directions from Saugus to our headquarters
