Ware-Massachusetts Savings

Build your Ware Home’s Resale Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may 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 find out : What’s the premium for energy savings when selling the house? This is what we found in Ware:

In other words, a window upgrade in Ware can add anywhere from 0.31% percent and 1.23 % percent to the asking price of your home by way of 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 Ware homeowner is quite clear.

The variation between the range for Ware and Boston, which for reference, would yield a potential premium range of 0.33% percent and 0.48% percent respectively, is derived from a number of factors, especially; the -0.67% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the Springfield region, and heating & cooling price differences between Ware and Boston.

The data presented is derived from EnergyStar, the NREL,Department of Energy and professional research done by the NAHB. Ware home value data is provided by Zillow.

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