Copenhagen-New York Savings

Increase your Copenhagen Home’s Value through Energy Savings

[lme-module module=”market-stats” city=”Copenhagen” state=”NY”]

Switching your windows to EnergyStar rated National Vinyl windows could add to 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 determine : What’s the premium for energy savings if you put your house up for sale? This is what we uncovered in Copenhagen:

In other words, a window upgrade in Copenhagen can add anywhere from 0.66% percent and 2.37 % percent to the asking price of your home via the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Copenhagen homeowner is quite clear.

The variation between the range for Copenhagen and Buffalo, which for reference, would yield a potential premium range of 0.65% percent and 0.86% percent respectively, can be estimated from a number of factors, notably; the 0.28% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the region, and heating & cooling cost differences between Copenhagen and Buffalo.

The data presented is based on EnergyStar, the NREL,Department of Energy and extensive research conducted by the NAHB. Copenhagen home value data is provided by Zillow.

[lme-module module=”market-activity” city=”Copenhagen” state=”NY”]

Directions from Copenhagen to our headquarters