Savings Category: Replacement Window Savings

Description

Value You Can Measure

Andes residents have countless great reasons to change their windows. Fixing old windows, revamping the look and feel of your home etc… Other such features may be counted rather precisely.

First of all, windows retain about 72.3 percent of their initial purchase value in New England according to the Remodeling 2020 Cost vs. Value Report. This places windows among the top 5 home improvement investments in terms of value retention.

In terms of energy savings, houses in Andes, could experience considerable savings on annual costs for electricity. If you already have dual pane windows you could save around $193.44 compared to $174 in Buffalo. Whereas, when upgrading single-pane windows to National Vinyl’s EnergyStar rated windows you may save approximately $575.43 annually, compared to $452 in Buffalo.

Grow your Andes Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows may increase 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 selling the house? Below is what we uncovered in Andes:

Basic Dual-Pane to National Vinyl

If you already have dual-pane windows (non-EnergyStar rated), in Andes, your home value could increase by around $1160.63 and $1698.38 for a mid-tier or top-tier Andes home respectively. Compare this to, the same upgrade in Buffalo could add somewhere between $1044 and $1527.72.

Single-Pane to National Vinyl

When upgrading from low-efficiency single-pane windows, the potential is even greater. Andes homeowners may expect an estimated home value gain of between $3452.57 for mid-tier homes and $5052.27 for the top tier. Compare this to between $2712 and $3968.56 in Buffalo.

Put differently, a window investment in Andes can add between 0.49% percent and 2.15 % percent to the asking price 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 Andes homeowner is relatively strong.

The variation between the range for Andes and Buffalo, which for reference, would yield a potential premium range of 0.44% percent and 0.65% percent respectively, is derived from a number of factors, notably; the 1.24% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the region, and energy cost differences between Andes and Buffalo.

The data presented is based on EnergyStar, the NREL,Department of Energy and incredible research conducted by the NAHB. Andes home value data is provided by Zillow.

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Buy from a TrustGard N.O.W. Lumberyard!

The N.O.W. program delivers Andes inventory windows within 7 days, including application of standard extension jambs and mulling. TrustGard N.O.W. provides among the fastest turnaround times in New York, affording you the flexibility and responsiveness you need.

Energy Savings & ROI: Andes vs the rest of New York

Find out how investing in new windows in Andes compares to other nearby New York cities.