Glen Lyon-Pennsylvania Savings

Increase your Glen Lyon Home’s Asking Price through Energy Savings

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Replacing 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? The following is what we uncovered in Glen Lyon:

Another way to look at it, a window investment in Glen Lyon can add between 1.19% percent and 3.58 % 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 value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Glen Lyon homeowner is relatively strong.

The variation between the range for Glen Lyon and Philadelphia, which for reference, would yield a potential premium range of 1.27% percent and 1.69% percent respectively, is dependent on a number of factors, primarily; the -0.75% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the Scranton–Wilkes-Barre–Hazleton region, and energy cost differences between Glen Lyon and Philadelphia.

The data presented is based on EnergyStar, the NREL,Department of Energy and extensive research done by the NAHB. Glen Lyon home value data is provided by Zillow.

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