Glens Falls-New York Savings

Build your Glens Falls Home’s Asking Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows could add to 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 find out : What’s the ROI on energy savings if you put your house up for sale? Here is what we discovered in Glens Falls:

Another way to look at it, a window investment in Glens Falls can add between 0.72% percent and 2.87 % percent to the sale 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 worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Glens Falls homeowner is quite clear.

The variation between the range for Glens Falls and Buffalo, which for reference, would yield a potential premium range of 0.69% percent and 1.01% percent respectively, may come from a number of factors, principally; the 0.45% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the Glens Falls region, and heating & cooling cost differences between Glens Falls and Buffalo.

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

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