Canajoharie-New York Savings

Build your Canajoharie Home’s Resale Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows can increase 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 if you put your house up for sale? What follows is what we estimated in Canajoharie:

Another way to look at it, a window investment in Canajoharie can add between 0.88% percent and 3.01 % percent to the value of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Canajoharie homeowner is relatively clear.

The variation between the range for Canajoharie and Buffalo, which for reference, would yield a potential premium range of 0.88% percent and 1.17% percent respectively, can be estimated from a number of factors, especially; the -0.06% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Amsterdam region, and energy cost differences between Canajoharie and Buffalo.

The data presented is based on EnergyStar, the NREL,Department of Energy and expert research performed by the NAHB. Canajoharie home value data is provided by Zillow.

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