Nesconset-New York Savings

Increase your Nesconset Home’s Asking Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows can 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to figure out : What’s the return on investment on energy savings if you put your house up for sale? Below is what we estimated in Nesconset:

Another way to look at it, a window upgrade in Nesconset can add between 0.29% percent and 1.47 % percent to the sale price of your home via 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 Nesconset homeowner is relatively clear.

The variation between the range for Nesconset and Buffalo, which for reference, would yield a potential premium range of 0.21% percent and 0.31% percent respectively, can be estimated from a number of factors, particularly; the 3.64% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the New York-Newark-Jersey City region, and energy price differences between Nesconset and Buffalo.

The data presented is based on EnergyStar, the NREL,Department of Energy and incredible research done by the National Association of Homebuilders. Nesconset home value data is provided by Zillow.

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