Stoneham-Massachusetts Savings

Build your Stoneham Home’s Asking Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows can add to 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to determine : What’s the return on investment on energy savings on the market? The following is what we found in Stoneham:

In other words, a window upgrade in Stoneham can add anywhere from 0.21% percent and 0.88 % percent to the value of your home via the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Stoneham homeowner is relatively strong.

The variation between the range for Stoneham and Boston, which for reference, would yield a potential premium range of 0.21% percent and 0.3% percent respectively, may come from a number of factors, especially; the -0.11% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Boston-Cambridge-Newton region, and heating & cooling price differences between Stoneham and Boston.

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

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