Harriman-New York Savings

Grow your Harriman Home’s Resale Price 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to evaluate : What’s the ROI on energy savings when selling the house? Here is what we estimated in Harriman:

Another way to look at it, a window investment in Harriman can add anywhere from 0.47% percent and 2.07 % percent to the asking price of your home through 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 Harriman homeowner is relatively clear.

The variation between the range for Harriman and Buffalo, which for reference, would yield a potential premium range of 0.42% percent and 0.61% percent respectively, is derived from a number of factors, especially; the 1.38% 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 energy price differences between Harriman and Buffalo.

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

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