Bethpage-New York Savings

Increase your Bethpage Home’s Resale Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows could 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 evaluate : What’s the ROI on energy savings if you sell your home? The following is what we uncovered in Bethpage:

In other words, a window upgrade in Bethpage can add between 0.28% percent and 1.45 % percent to the asking price of your home through the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Bethpage homeowner is relatively strong.

The variation between the range for Bethpage and Buffalo, which for reference, would yield a potential premium range of 0.21% percent and 0.31% percent respectively, is derived from a number of factors, in particular; the 3.77% 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 Bethpage and Buffalo.

The data presented is based on EnergyStar, the NREL,Department of Energy and professional research executed by the NAHB. Bethpage home value data is provided by Zillow.

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