Swampscott-Massachusetts Savings

Improve your Swampscott Home’s Resale Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows may increase 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to determine : What’s the return on energy savings if you sell your home? Here is what we uncovered in Swampscott:

In other words, a window investment in Swampscott can add anywhere from 0.22% percent and 0.89 % percent to the asking price of your home through the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Swampscott homeowner is quite strong.

The variation between the range for Swampscott and Boston, which for reference, would yield a potential premium range of 0.22% percent and 0.31% percent respectively, is derived from a number of factors, principally; the -0.14% 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 energy cost differences between Swampscott and Boston.

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

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