Highland Falls-New York Savings

Increase your Highland Falls Home’s Value through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows can increase 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 estimate : What’s the ROI on energy savings if you put your house up for sale? Below is what we uncovered in Highland Falls:

Put differently, a window investment in Highland Falls can add anywhere from 0.47% percent and 2.08 % 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 upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Highland Falls homeowner is quite strong.

The variation between the range for Highland Falls and Buffalo, which for reference, would yield a potential premium range of 0.42% percent and 0.62% percent respectively, can be estimated from a number of factors, principally; the 1.36% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the New York-Newark-Jersey City region, and energy price differences between Highland Falls and Buffalo.

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

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