Woods Hole-Massachusetts Savings

Improve your Woods Hole Home’s Asking Price 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to find out : What’s the premium for energy savings if you sell your home? Below is what we discovered in Woods Hole:

Another way to look at it, a window investment in Woods Hole can add anywhere from 0.16% percent and 0.69 % percent to the asking price of your home through 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 Woods Hole homeowner is relatively clear.

The variation between the range for Woods Hole and Boston, which for reference, would yield a potential premium range of 0.16% percent and 0.22% percent respectively, is dependent on a number of factors, notably; the 0.21% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the Barnstable Town region, and energy price differences between Woods Hole and Boston.

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

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