Bellmore-New York Savings

Grow your Bellmore 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to ascertain : What’s the return on investment on energy savings on the market? What follows is what we discovered in Bellmore:

Put differently, a window investment in Bellmore can add anywhere from 0.47% percent and 2.37 % percent to the sale price of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Bellmore homeowner is quite strong.

The variation between the range for Bellmore and Buffalo, which for reference, would yield a potential premium range of 0.35% percent and 0.48% percent respectively, is derived from a number of factors, principally; the 4.07% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the New York-Newark-Jersey City region, and heating & cooling cost differences between Bellmore and Buffalo.

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

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