Wilmington-Massachusetts Savings

Build your Wilmington Home’s Value through Energy Savings

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

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

In other words, a window investment in Wilmington can add between 0.22% percent and 0.91 % percent to the asking price of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Wilmington homeowner is quite strong.

The variation between the range for Wilmington and Boston, which for reference, would yield a potential premium range of 0.22% percent and 0.31% percent respectively, can be estimated from a number of factors, primarily; the -0.15% 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 cost differences between Wilmington and Boston.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and incredible research performed by the NAHB. Wilmington home value data is provided by Zillow.

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