Bally-Pennsylvania Savings

Grow your Bally Home’s Asking Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows could 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 uncover : What’s the return on energy savings on the market? Below is what we estimated in Bally:

Put differently, a window upgrade in Bally can add between 0.37% percent and 1.38 % percent to the value 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 Bally homeowner is relatively strong.

The variation between the range for Bally and Philadelphia, which for reference, would yield a potential premium range of 0.37% percent and 0.54% percent respectively, may come from a number of factors, in particular; the 0.01% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Reading region, and heating & cooling cost differences between Bally and Philadelphia.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and incredible research performed by the NAHB. Bally home value data is provided by Zillow.

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