Hampton Bays-New York Savings

Increase your Hampton Bays Home’s Resale Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows can add to the sale 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 uncover : What’s the premium for energy savings on the market? What follows is what we found in Hampton Bays:

Put differently, a window upgrade in Hampton Bays can add anywhere from 0.46% percent and 2.33 % percent to the value of your home by way of 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 Hampton Bays homeowner is relatively clear.

The variation between the range for Hampton Bays and Buffalo, which for reference, would yield a potential premium range of 0.33% percent and 0.46% percent respectively, is derived from a number of factors, primarily; the 4.32% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the New York-Newark-Jersey City region, and heating & cooling cost differences between Hampton Bays and Buffalo.

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

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