Altmar-New York Savings

Build your Altmar Home’s Value through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows may 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to find out : What’s the premium for energy savings when it comes time to sell? Here is what we estimated in Altmar:

Another way to look at it, a window upgrade in Altmar can add anywhere from 1.04% percent and 3.48 % 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 Altmar homeowner is quite clear.

The variation between the range for Altmar and Buffalo, which for reference, would yield a potential premium range of 1.06% percent and 1.4% percent respectively, may come from a number of factors, in particular; the -0.21% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Syracuse region, and heating & cooling cost differences between Altmar and Buffalo.

The data presented is based on EnergyStar, the NREL,Department of Energy and professional research performed by the NAHB. Altmar home value data is provided by Zillow.

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