East Northport-New York Savings

Grow your East Northport Home’s Resale 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.

In addition, 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? This is what we uncovered in East Northport:

In other words, a window investment in East Northport can add anywhere from 0.47% percent and 2.37 % percent to the sale price of your home through 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 East Northport homeowner is relatively strong.

The variation between the range for East Northport and Buffalo, which for reference, would yield a potential premium range of 0.35% percent and 0.48% percent respectively, can be estimated from a number of factors, especially; the 4.08% percent difference in median home prices, a buyers’ propensity 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 Northport and Buffalo.

The data presented is based on EnergyStar, the NREL,Department of Energy and expert research performed by the NAHB. East Northport home value data is provided by Zillow.

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