Savings Category: Replacement Window Savings

Description

Value You Can Measure

Ardsley residents have a variety valid reasons to replace their windows. Fixing old windows, changing the style of your home etc… Other such benefits may be calculated quite exactly.

To begin with, windows preserve about 72.3 percent of their initial purchase value in New England according to the Remodeling 2020 Cost vs. Value Report. This puts windows among the top 5 home improvement investments in terms of value retention.

In terms of energy savings, homeowners in Ardsley, can expect to have significant declines on daily costs for home energy. If you already have dual pane windows you may save about $262.09 compared to $174 in Buffalo. On the other hand, when replacing single-pane windows to National Vinyl’s EnergyStar rated windows you may save approximately $1011.34 every year, compared to $452 in Buffalo.

Build your Ardsley Home’s Resale Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows can 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 uncover : What’s the premium for energy savings on the market? This is what we found in Ardsley:

Basic Dual-Pane to National Vinyl

If you already have dual-pane windows (non-EnergyStar rated), in Ardsley, your home value could increase by between $2767.63 and $3859.48 for a mid-tier or top-tier Ardsley home respectively. Compare this to, the same upgrade in Buffalo could yield somewhere between $1837.44 and $2562.32.

Single-Pane to National Vinyl

When upgrading from low-efficiency single-pane windows, the potential is even greater. Ardsley homeowners could yield an estimated home value increase of between $10679.75 for mid-tier homes and $14893 for the top tier. Compare this to between $4773.12 and $6656.15 in Buffalo.

Put differently, a window upgrade in Ardsley can add anywhere from 0.4% percent and 2.14 % percent to the value of your home by way of 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 Ardsley homeowner is quite strong.

The variation between the range for Ardsley and Buffalo, which for reference, would yield a potential premium range of 0.26% percent and 0.37% percent respectively, is derived from a number of factors, in particular; the 5.62% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the New York-Newark-Jersey City region, and energy cost differences between Ardsley and Buffalo.

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

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

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