Croydon-Pennsylvania Savings

Increase your Croydon Home’s Asking Price through Energy Savings

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Replacing 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to evaluate : What’s the return on energy savings when selling the house? The following is what we estimated in Croydon:

In other words, a window investment in Croydon can add anywhere from 0.33% percent and 1.25 % percent to the sale price of your home via the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Croydon homeowner is relatively strong.

The variation between the range for Croydon and Philadelphia, which for reference, would yield a potential premium range of 0.33% percent and 0.48% percent respectively, is derived from a number of factors, primarily; the 0.16% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the Philadelphia-Camden-Wilmington region, and heating & cooling price differences between Croydon and Philadelphia.

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

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