Cumberland Head-New York Savings

Build your Cumberland Head Home’s Resale Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows could 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.

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

In other words, a window upgrade in Cumberland Head can add anywhere from 0.43% percent and 1.94 % percent to the value of your home through 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 Cumberland Head homeowner is quite clear.

The variation between the range for Cumberland Head and Buffalo, which for reference, would yield a potential premium range of 0.37% percent and 0.55% percent respectively, can be estimated from a number of factors, particularly; the 1.67% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Plattsburgh region, and heating & cooling price differences between Cumberland Head and Buffalo.

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

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