Dover Plains-New York Savings

Build your Dover Plains Home’s Value through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may increase 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 answer the question : What’s the premium for energy savings when it comes time to sell? This is what we uncovered in Dover Plains:

In other words, a window investment in Dover Plains can add anywhere from 0.5% percent and 2.18 % percent to the asking price of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Dover Plains homeowner is quite clear.

The variation between the range for Dover Plains and Buffalo, which for reference, would yield a potential premium range of 0.45% percent and 0.66% percent respectively, can be estimated from a number of factors, in particular; the 1.2% 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 price differences between Dover Plains and Buffalo.

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

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