Southbridge-Massachusetts Savings

Grow your Southbridge Home’s Asking Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows could increase 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 figure out : What’s the return on energy savings if you sell your home? What follows is what we estimated in Southbridge:

In other words, a window upgrade in Southbridge can add between 0.29% percent and 1.16 % percent to the asking price of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Southbridge homeowner is relatively strong.

The variation between the range for Southbridge and Boston, which for reference, would yield a potential premium range of 0.31% percent and 0.45% percent respectively, is derived from a number of factors, particularly; the -0.65% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Worcester region, and heating & cooling price differences between Southbridge and Boston.

The data presented is based on EnergyStar, the NREL,Department of Energy and meticulous research executed by the National Association of Homebuilders. Southbridge home value data is provided by Zillow.

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