Cohoes-New York Savings

Build your Cohoes Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows can 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to evaluate : What’s the return on investment on energy savings if you sell your home? Here is what we estimated in Cohoes:

Another way to look at it, a window investment in Cohoes can add anywhere from 0.63% percent and 2.6 % percent to the value of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Cohoes homeowner is quite clear.

The variation between the range for Cohoes and Buffalo, which for reference, would yield a potential premium range of 0.6% percent and 0.87% percent respectively, is derived from a number of factors, especially; the 0.67% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the Albany-Schenectady-Troy region, and energy price differences between Cohoes and Buffalo.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and incredible research performed by the NAHB. Cohoes home value data is provided by Zillow.

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