Barneveld-New York Savings

Increase your Barneveld Home’s Value through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may add to 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to ascertain : What’s the premium for energy savings when selling the house? Below is what we estimated in Barneveld:

In other words, a window upgrade in Barneveld can add between 0.67% percent and 2.4 % 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 initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Barneveld homeowner is quite clear.

The variation between the range for Barneveld and Buffalo, which for reference, would yield a potential premium range of 0.66% percent and 0.87% percent respectively, is dependent on a number of factors, primarily; the 0.26% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Utica-Rome region, and heating & cooling price differences between Barneveld and Buffalo.

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

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