Glen Head-New York Savings

Grow your Glen Head Home’s Resale Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may 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 premium for energy savings when it comes time to sell? What follows is what we found in Glen Head:

In other words, a window investment in Glen Head can add anywhere from 0.35% percent and 1.99 % percent to the asking price of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Glen Head homeowner is quite strong.

The variation between the range for Glen Head and Buffalo, which for reference, would yield a potential premium range of 0.21% percent and 0.29% percent respectively, may come from a number of factors, particularly; the 7.35% 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 cost differences between Glen Head and Buffalo.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and incredible research done by the National Association of Homebuilders. Glen Head home value data is provided by Zillow.

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