Savings Category: Replacement Window Savings

Description

Value You Can Measure

Castleton-on-Hudson residents have a variety great reasons to replace their windows. Updating damaged windows, renewing the style of your home etc… Other such features may be measured quite clearly.

Firstly, windows preserve about 72.3 percent of their initial purchase value in New England according to the Remodeling 2020 Cost vs. Value Report. This sets windows among the top 5 home improvement investments in terms of value retention.

In terms of energy savings, homeowners in Castleton-on-Hudson, could experience large decreases on weekly bill for heating & cooling. If you already have dual pane windows you could save around $184.66 compared to $174 in Buffalo. By comparison, when upgrading single-pane windows to National Vinyl’s EnergyStar rated windows you could save about $519.69 annually, compared to $452 in Buffalo.

Grow your Castleton-on-Hudson Home’s Resale Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows could 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 answer the question : What’s the return on energy savings if you sell your home? What follows is what we discovered in Castleton-on-Hudson:

Basic Dual-Pane to National Vinyl

If you already have dual-pane windows (non-EnergyStar rated), in Castleton-on-Hudson, your home value could increase by between $1107.96 and $1621.32 for a mid-tier or top-tier Castleton-on-Hudson home respectively. For comparison, the same upgrade in Buffalo could yield somewhere between $1044 and $1527.72.

Single-Pane to National Vinyl

When upgrading from low-efficiency single-pane windows, the potential is even greater. Castleton-on-Hudson homeowners could see an estimated home value increase of between $3118.15 for mid-tier homes and $4562.89 for the top tier. Compare this to between $2712 and $3968.56 in Buffalo.

Put differently, a window investment in Castleton-on-Hudson can add between 0.63% percent and 2.59 % percent to the sale price of your home via 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 Castleton-on-Hudson homeowner is quite clear.

The variation between the range for Castleton-on-Hudson and Buffalo, which for reference, would yield a potential premium range of 0.59% percent and 0.87% percent respectively, can be estimated from a number of factors, principally; the 0.68% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Albany-Schenectady-Troy region, and heating & cooling price differences between Castleton-on-Hudson and Buffalo.

The data presented is based on EnergyStar, the NREL,Department of Energy and meticulous research conducted by the NAHB. Castleton-on-Hudson home value data is provided by Zillow.

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Energy Savings & ROI: Castleton-on-Hudson vs the rest of New York

Find out how investing in new windows in Castleton-on-Hudson compares to other nearby New York cities.