Bridgehampton-New York Savings

Improve your Bridgehampton Home’s Resale Price through Energy Savings

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Replacing 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 uncover : What’s the premium for energy savings on the market? The following is what we found in Bridgehampton:

In other words, a window upgrade in Bridgehampton can add anywhere from 0.27% percent and 2.21 % percent to the sale 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 worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Bridgehampton homeowner is relatively clear.

The variation between the range for Bridgehampton and Buffalo, which for reference, would yield a potential premium range of 0.08% percent and 0.13% percent respectively, is dependent on a number of factors, in particular; the 25.35% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the New York-Newark-Jersey City region, and energy cost differences between Bridgehampton and Buffalo.

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

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