Endwell-New York Savings

Increase your Endwell Home’s Asking Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows could 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 determine : What’s the return on energy savings if you sell your home? This is what we found in Endwell:

Put differently, a window upgrade in Endwell can add anywhere from 0.7% percent and 2.47 % percent to the value of your home through the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Endwell homeowner is quite strong.

The variation between the range for Endwell and Buffalo, which for reference, would yield a potential premium range of 0.68% percent and 0.91% percent respectively, may come from a number of factors, primarily; the 0.21% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the Binghamton region, and heating & cooling cost differences between Endwell and Buffalo.

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

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