Albany-Vermont Savings

Grow your Albany Home’s Resale Price through Energy Savings

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Replacing 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 energy savings when it comes time to sell? What follows is what we discovered in Albany:

Another way to look at it, a window investment in Albany can add between 0.74% percent and 3.23 % percent to the value of your home via the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Albany homeowner is quite clear.

The variation between the range for Albany and Burlington, which for reference, would yield a potential premium range of 0.71% percent and 1.03% percent respectively, is derived from a number of factors, primarily; the 0.52% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the region, and heating & cooling price differences between Albany and Burlington.

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

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