Savings Category: Replacement Window Savings

Description

Value You Can Measure

Roslyn residents have a whole host strong reasons to upgrade their windows. Repairing broken windows, revamping the decor of your home etc… Certain such features can be measured relatively clearly.

To begin with, windows maintain about 72.3 percent of their initial purchase value in New England according to the Remodeling 2020 Cost vs. Value Report. This sets windows among the top 5 home improvement investments in terms of value retention.

In terms of energy savings, people living in Roslyn, may have considerable drops on daily bill for energy. If you already have dual pane windows you may save about $306.71 compared to $174 in Buffalo. On the other hand, when replacing single-pane windows to National Vinyl’s EnergyStar rated windows you may save about $1294.72 per year, compared to $452 in Buffalo.

Build your Roslyn Home’s Value 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 determine : What’s the return on investment on energy savings when it comes time to sell? What follows is what we found in Roslyn:

Basic Dual-Pane to National Vinyl

If you already have dual-pane windows (non-EnergyStar rated), in Roslyn, your home value could increase by around $3238.88 and $4516.65 for a mid-tier or top-tier Roslyn home respectively. For comparison, the same replacement in Buffalo may get you somewhere between $1837.44 and $2562.32.

Single-Pane to National Vinyl

When upgrading from low-efficiency single-pane windows, the potential is even greater. Roslyn homeowners may see an estimated home value increase of between $13672.19 for mid-tier homes and $19065.98 for the top tier. Compare this to between $4773.12 and $6656.15 in Buffalo.

In other words, a window upgrade in Roslyn can add between 0.33% percent and 1.92 % percent to the value of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Roslyn homeowner is quite strong.

The variation between the range for Roslyn and Buffalo, which for reference, would yield a potential premium range of 0.18% percent and 0.26% percent respectively, is derived from a number of factors, particularly; the 8.47% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the New York-Newark-Jersey City region, and heating & cooling price differences between Roslyn and Buffalo.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and expert research done by the NAHB. Roslyn home value data is provided by Zillow.

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Energy Savings & ROI: Roslyn vs the rest of New York

Find out how investing in new windows in Roslyn compares to other nearby New York cities.