Amagansett-New York Savings

Increase your Amagansett Home’s Value through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could increase 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 evaluate : What’s the premium for energy savings when selling the house? Here is what we estimated in Amagansett:

Put differently, a window investment in Amagansett can add anywhere from 0.26% percent and 2.2 % percent to the asking price of your home via the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Amagansett homeowner is quite strong.

The variation between the range for Amagansett and Buffalo, which for reference, would yield a potential premium range of 0.08% percent and 0.12% percent respectively, is derived from a number of factors, notably; the 27.45% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the New York-Newark-Jersey City region, and heating & cooling price differences between Amagansett and Buffalo.

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

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