Winchendon-Massachusetts Savings

Improve your Winchendon Home’s Value through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could add to 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to uncover : What’s the premium for energy savings when selling the house? This is what we uncovered in Winchendon:

Put differently, a window investment in Winchendon can add anywhere from 0.28% percent and 1.11 % 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 initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Winchendon homeowner is relatively clear.

The variation between the range for Winchendon and Boston, which for reference, would yield a potential premium range of 0.29% percent and 0.43% percent respectively, can be estimated from a number of factors, especially; the -0.63% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Worcester region, and heating & cooling cost differences between Winchendon and Boston.

The data presented is derived from EnergyStar, the NREL,Department of Energy and meticulous research performed by the NAHB. Winchendon home value data is provided by Zillow.

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