Dryden-New York Savings

Improve your Dryden Home’s Asking Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows can increase 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.

Moreover, 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? Here is what we discovered in Dryden:

Put differently, a window investment in Dryden can add between 0.57% percent and 2.4 % 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 worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Dryden homeowner is relatively clear.

The variation between the range for Dryden and Buffalo, which for reference, would yield a potential premium range of 0.53% percent and 0.78% percent respectively, is derived from a number of factors, particularly; the 0.88% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Ithaca region, and heating & cooling price differences between Dryden and Buffalo.

The data presented is derived from EnergyStar, the NREL,Department of Energy and incredible research conducted by the National Association of Homebuilders. Dryden home value data is provided by Zillow.

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