Chittenango-New York Savings

Increase your Chittenango Home’s Asking Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows could add to the sale 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 return on energy savings if you sell your home? The following is what we estimated in Chittenango:

Another way to look at it, a window upgrade in Chittenango can add anywhere from 0.62% percent and 2.25 % 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 worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Chittenango homeowner is quite strong.

The variation between the range for Chittenango and Buffalo, which for reference, would yield a potential premium range of 0.6% percent and 0.8% percent respectively, is derived from a number of factors, particularly; the 0.38% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Syracuse region, and heating & cooling cost differences between Chittenango and Buffalo.

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

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