Blue Point-New York Savings

Improve your Blue Point Home’s Value through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could increase the value 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 uncover : What’s the ROI on energy savings when it comes time to sell? This is what we uncovered in Blue Point:

Put differently, a window upgrade in Blue Point can add anywhere from 0.3% percent and 1.53 % 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 upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Blue Point homeowner is relatively strong.

The variation between the range for Blue Point and Buffalo, which for reference, would yield a potential premium range of 0.24% percent and 0.34% percent respectively, is derived from a number of factors, in particular; the 3.23% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the New York-Newark-Jersey City region, and energy cost differences between Blue Point and Buffalo.

The data presented is derived from EnergyStar, the NREL,Department of Energy and meticulous research executed by the National Association of Homebuilders. Blue Point home value data is provided by Zillow.

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