Fonda-New York Savings

Increase your Fonda Home’s Value through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows may 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 answer the question : What’s the premium for energy savings if you put your house up for sale? This is what we discovered in Fonda:

In other words, a window investment in Fonda can add between 0.69% percent and 2.46 % percent to the value of your home via 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 Fonda homeowner is relatively strong.

The variation between the range for Fonda and Buffalo, which for reference, would yield a potential premium range of 0.68% percent and 0.9% percent respectively, can be estimated from a number of factors, primarily; the 0.23% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the Amsterdam region, and energy cost differences between Fonda and Buffalo.

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

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