Waltham-Massachusetts Savings

Improve your Waltham Home’s Resale Price through Energy Savings

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Replacing 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 answer the question : What’s the ROI on energy savings when selling the house? What follows is what we found in Waltham:

Put differently, a window upgrade in Waltham can add between 0.2% percent and 0.83 % percent to the sale 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 Waltham homeowner is relatively strong.

The variation between the range for Waltham and Boston, which for reference, would yield a potential premium range of 0.2% percent and 0.28% percent respectively, is dependent on a number of factors, especially; the -0.05% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Boston-Cambridge-Newton region, and energy price differences between Waltham and Boston.

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

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