Chadwicks-New York Savings

Build your Chadwicks Home’s Asking Price through Energy Savings

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Switching 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 ascertain : What’s the return on investment on energy savings if you sell your home? Below is what we uncovered in Chadwicks:

Another way to look at it, a window investment in Chadwicks can add anywhere from 0.73% percent and 2.58 % percent to the asking price of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Chadwicks homeowner is relatively clear.

The variation between the range for Chadwicks and Buffalo, which for reference, would yield a potential premium range of 0.73% percent and 0.96% percent respectively, is dependent on a number of factors, in particular; the 0.14% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Utica-Rome region, and heating & cooling price differences between Chadwicks and Buffalo.

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

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