Franklin Square-New York Savings

Build your Franklin Square Home’s Asking Price through Energy Savings

[lme-module module=”market-stats” city=”Franklin Square” state=”NY”]

Replacing 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 find out : What’s the ROI on energy savings when selling the house? Here is what we estimated in Franklin Square:

Put differently, a window investment in Franklin Square can add between 0.47% percent and 2.36 % percent to the asking price of your home via the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Franklin Square homeowner is quite clear.

The variation between the range for Franklin Square and Buffalo, which for reference, would yield a potential premium range of 0.34% percent and 0.47% percent respectively, is derived from a number of factors, in particular; the 4.16% 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 energy price differences between Franklin Square and Buffalo.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and extensive research conducted by the NAHB. Franklin Square home value data is provided by Zillow.

[lme-module module=”market-activity” city=”Franklin Square” state=”NY”]

Directions from Franklin Square to our headquarters