Eatons Neck-New York Savings

Increase your Eatons Neck Home’s Asking Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to estimate : What’s the return on energy savings when it comes time to sell? This is what we discovered in Eatons Neck:

Put differently, a window investment in Eatons Neck can add anywhere from 0.37% percent and 2.06 % 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 Eatons Neck homeowner is relatively clear.

The variation between the range for Eatons Neck and Buffalo, which for reference, would yield a potential premium range of 0.24% percent and 0.33% percent respectively, can be estimated from a number of factors, particularly; the 6.44% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the New York-Newark-Jersey City region, and heating & cooling price differences between Eatons Neck and Buffalo.

The data presented is derived from EnergyStar, the NREL,Department of Energy and incredible research executed by the NAHB. Eatons Neck home value data is provided by Zillow.

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