Afton-New York Savings

Grow your Afton Home’s Value through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows could add to the value 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 evaluate : What’s the return on energy savings on the market? Here is what we estimated in Afton:

Another way to look at it, a window upgrade in Afton can add anywhere from 0.81% percent and 2.8 % 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 upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Afton homeowner is quite strong.

The variation between the range for Afton and Buffalo, which for reference, would yield a potential premium range of 0.8% percent and 1.07% percent respectively, can be estimated from a number of factors, in particular; the 0.03% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the region, and heating & cooling cost differences between Afton and Buffalo.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and meticulous research performed by the National Association of Homebuilders. Afton home value data is provided by Zillow.

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