Athens-New York Savings

Improve your Athens Home’s Asking Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows can 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 estimate : What’s the ROI on energy savings if you sell your home? What follows is what we uncovered in Athens:

Another way to look at it, a window investment in Athens can add between 0.54% percent and 2.3 % percent to the asking price 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 Athens homeowner is relatively clear.

The variation between the range for Athens and Buffalo, which for reference, would yield a potential premium range of 0.5% percent and 0.73% percent respectively, is derived from a number of factors, primarily; the 1.01% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the region, and energy price differences between Athens and Buffalo.

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

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