Dix Hills-New York Savings

Build your Dix Hills Home’s Value through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows may add to 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 ROI on energy savings when it comes time to sell? Here is what we uncovered in Dix Hills:

Another way to look at it, a window investment in Dix Hills can add anywhere from 0.38% percent and 2.07 % percent to the value of your home via the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Dix Hills homeowner is quite clear.

The variation between the range for Dix Hills and Buffalo, which for reference, would yield a potential premium range of 0.24% percent and 0.33% percent respectively, can be estimated from a number of factors, principally; the 6.31% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the New York-Newark-Jersey City region, and heating & cooling cost differences between Dix Hills and Buffalo.

The data presented is derived from EnergyStar, the NREL,Department of Energy and incredible research conducted by the NAHB. Dix Hills home value data is provided by Zillow.

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