Clinton-New York Savings

Improve your Clinton Home’s Asking Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows may add to the value 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to answer the question : What’s the premium for energy savings when it comes time to sell? The following is what we estimated in Clinton:

In other words, a window investment in Clinton can add anywhere from 0.57% percent and 2.4 % percent to the value 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 Clinton homeowner is quite strong.

The variation between the range for Clinton and Buffalo, which for reference, would yield a potential premium range of 0.53% percent and 0.77% percent respectively, is derived from a number of factors, in particular; the 0.88% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the Utica-Rome region, and energy price differences between Clinton and Buffalo.

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

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