Avoca-Pennsylvania Savings

Improve your Avoca Home’s Value through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows could 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 estimate : What’s the premium for energy savings when selling the house? What follows is what we found in Avoca:

Put differently, a window investment in Avoca can add between 0.58% percent and 1.81 % percent to the value of your home through the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Avoca homeowner is quite clear.

The variation between the range for Avoca and Philadelphia, which for reference, would yield a potential premium range of 0.6% percent and 0.8% percent respectively, is dependent on a number of factors, especially; the -0.48% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the Scranton–Wilkes-Barre–Hazleton region, and heating & cooling price differences between Avoca and Philadelphia.

The data presented is derived from EnergyStar, the NREL,Department of Energy and extensive research conducted by the NAHB. Avoca home value data is provided by Zillow.

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