Vineyard Haven-Massachusetts Savings

Increase your Vineyard Haven Home’s Value through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows can 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 answer the question : What’s the return on investment on energy savings when selling the house? The following is what we estimated in Vineyard Haven:

Another way to look at it, a window upgrade in Vineyard Haven can add between 0.15% percent and 0.78 % percent to the sale price of your home via 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 Vineyard Haven homeowner is relatively strong.

The variation between the range for Vineyard Haven and Boston, which for reference, would yield a potential premium range of 0.14% percent and 0.23% percent respectively, may come from a number of factors, especially; the 0.64% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Vineyard Haven region, and energy cost differences between Vineyard Haven and Boston.

The data presented is derived from EnergyStar, the NREL,Department of Energy and extensive research conducted by the National Association of Homebuilders. Vineyard Haven home value data is provided by Zillow.

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