Greenville-New York Savings

Increase your Greenville Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could 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 return on energy savings if you sell your home? What follows is what we discovered in Greenville:

Another way to look at it, a window upgrade in Greenville can add anywhere from 0.59% percent and 2.45 % percent to the value of your home through 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 Greenville homeowner is relatively strong.

The variation between the range for Greenville and Buffalo, which for reference, would yield a potential premium range of 0.55% percent and 0.8% percent respectively, can be estimated from a number of factors, principally; the 0.82% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the region, and heating & cooling price differences between Greenville and Buffalo.

The data presented is derived from EnergyStar, the NREL,Department of Energy and incredible research executed by the National Association of Homebuilders. Greenville home value data is provided by Zillow.

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