Dolgeville-New York Savings

Improve your Dolgeville Home’s Asking Price through Energy Savings

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Replacing 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 figure out : What’s the return on energy savings when selling the house? The following is what we found in Dolgeville:

Another way to look at it, a window upgrade in Dolgeville can add between 1.02% percent and 3.43 % percent to the asking price 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 value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Dolgeville homeowner is quite clear.

The variation between the range for Dolgeville and Buffalo, which for reference, would yield a potential premium range of 1.04% percent and 1.38% percent respectively, is dependent on a number of factors, primarily; the -0.2% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the Utica-Rome region, and energy price differences between Dolgeville and Buffalo.

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

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