Camillus-New York Savings

Grow your Camillus Home’s Value through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows can add to 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to estimate : What’s the return on investment on energy savings when it comes time to sell? What follows is what we estimated in Camillus:

Another way to look at it, a window investment in Camillus can add between 0.63% percent and 2.59 % percent to the value of your home through the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Camillus homeowner is relatively strong.

The variation between the range for Camillus and Buffalo, which for reference, would yield a potential premium range of 0.59% percent and 0.86% percent respectively, may come from a number of factors, primarily; the 0.68% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Syracuse region, and energy price differences between Camillus and Buffalo.

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

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