East Hampton-New York Savings

Improve your East Hampton Home’s Resale Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows may add to 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to evaluate : What’s the return on investment on energy savings when it comes time to sell? Below is what we found in East Hampton:

Put differently, a window investment in East Hampton can add between 0.32% percent and 2.41 % percent to the sale price of your home through the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a East Hampton homeowner is relatively strong.

The variation between the range for East Hampton and Buffalo, which for reference, would yield a potential premium range of 0.14% percent and 0.22% percent respectively, is dependent on a number of factors, especially; the 14.19% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the New York-Newark-Jersey City region, and energy price differences between East Hampton and Buffalo.

The data presented is based on EnergyStar, the NREL,Department of Energy and meticulous research done by the National Association of Homebuilders. East Hampton home value data is provided by Zillow.

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