Clarks Summit-Pennsylvania Savings

Improve your Clarks Summit Home’s Asking Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows can increase 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 ascertain : What’s the ROI on energy savings when it comes time to sell? Here is what we uncovered in Clarks Summit:

Another way to look at it, a window investment in Clarks Summit can add between 0.37% percent and 1.37 % percent to the sale price of your home through the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Clarks Summit homeowner is quite strong.

The variation between the range for Clarks Summit and Philadelphia, which for reference, would yield a potential premium range of 0.37% percent and 0.54% percent respectively, may come from a number of factors, notably; the 0.03% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Scranton–Wilkes-Barre–Hazleton region, and heating & cooling price differences between Clarks Summit and Philadelphia.

The data presented is derived from EnergyStar, the NREL,Department of Energy and expert research done by the National Association of Homebuilders. Clarks Summit home value data is provided by Zillow.

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