Hagaman-New York Savings

Build your Hagaman Home’s Value through Energy Savings

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Replacing 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 estimate : What’s the return on energy savings when it comes time to sell? Below is what we found in Hagaman:

In other words, a window investment in Hagaman can add between 0.72% percent and 2.88 % percent to the asking price of your home via the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Hagaman homeowner is relatively clear.

The variation between the range for Hagaman and Buffalo, which for reference, would yield a potential premium range of 0.69% percent and 1.01% percent respectively, is derived from a number of factors, especially; the 0.44% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the Amsterdam region, and energy cost differences between Hagaman and Buffalo.

The data presented is based on EnergyStar, the NREL,Department of Energy and professional research conducted by the NAHB. Hagaman home value data is provided by Zillow.

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