Description
Value You Can Measure
Harveys Lake homeowners have a multitude strong reasons to change their windows. Repairing broken windows, refining the style of your home etc… Some such benefits should be measured rather clearly.
For starters, windows maintain about 72.3 percent of their initial purchase value in New England according to the Remodeling 2020 Cost vs. Value Report. This places windows among the top 5 home improvement investments in terms of value retention.
In terms of energy savings, homes in Harveys Lake, should notice large savings on monthly costs for heating & cooling. If you already have dual pane windows you could save about $114.72 compared to $116 in Philadelphia. On the other hand, when replacing single-pane windows to National Vinyl’s EnergyStar rated windows you could save approximately $286.09 per annum, compared to $294 in Philadelphia.
Build your Harveys Lake Home’s Resale Price through Energy Savings
[lme-module module=”market-stats” city=”Harveys Lake” state=”PA”]
Upgrading your windows to EnergyStar rated National Vinyl windows can 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 figure out : What’s the premium for energy savings if you put your house up for sale? What follows is what we estimated in Harveys Lake:
Basic Dual-Pane to National Vinyl
If you already have dual-pane windows (non-EnergyStar rated), in Harveys Lake, your home value could increase by between $688.34 and $1007.27 for a mid-tier or top-tier Harveys Lake home respectively. For comparison, the same replacement in Philadelphia could add somewhere between $696 and $1018.48.
Single-Pane to National Vinyl
When upgrading from low-efficiency single-pane windows, the potential is even greater. Harveys Lake homeowners may yield an estimated home value increase of between $1716.56 for mid-tier homes and $2511.9 for the top tier. Compare this to between $1764 and $2581.32 in Philadelphia.
In other words, a window upgrade in Harveys Lake can add anywhere from 0.42% percent and 1.55 % 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 Harveys Lake homeowner is quite strong.
The variation between the range for Harveys Lake and Philadelphia, which for reference, would yield a potential premium range of 0.43% percent and 0.63% percent respectively, can be estimated from a number of factors, especially; the -0.12% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Scranton–Wilkes-Barre–Hazleton region, and energy price differences between Harveys Lake and Philadelphia.
The data presented is derived from EnergyStar, the NREL,Department of Energy and incredible research conducted by the NAHB. Harveys Lake home value data is provided by Zillow.
Data Sources & Disclaimers
Sources:
https://www.bls.gov/regions/
https://www.eia.gov/consumption/residential/data/2015/index.php?view=consumption
https://www.energy.gov/energysaver/design/windows-doors-and-skylights/update-or-replace-windows
https://www.eia.gov/consumption/residential/data/2015/index.php?view=consumption#by%20end%20uses
https://openei.org/wiki/NSTAR_Electric_Company
https://www.aceee.org/press/2018/10/aceee-2018-state-energy-efficiency
https://www.builderbooks.com/what-home-buyers-really-want–2019-edition-products-9780867187724.php?page_id=32&pid=NAH
http://eyeonhousing.org/2019/04/how-much-are-buyers-willing-to-pay-for-energy-efficiency/
https://www.builderbooks.com/what-home-buyers-really-want–2019-edition-products-9780867187731.php
https://www.remodeling.hw.net/cost-vs-value/2020/new-england/
Disclaimer: The information on our website is general in nature and is not intended as a substitute for competent legal, financial or engineering advice.
Although National Vinyl is a Member of the National Homebuilders association and TrustGard windows are the recipient of EnergyStar’s “Most Efficient”,
we wish to state clearly and unequivocally: the information provided does not consitute an endorsement by or from any third party. We make no representation as to the accuracy of the information entered by third parties.We, our directors or shareholders disclaim any liability for any damages or loss arising from your use thereof.
[lme-module module=”market-activity” city=”Harveys Lake” state=”PA”]
Directions from Harveys Lake to our headquarters
Window Installers Near Harveys Lake:
State Licensed
Background Checked
Verified Reviews
Liability Insurance
Top Installers Near Harveys Lake
More Installers Near Harveys Lake
Search for Harveys Lake Window Installers
Looking For A Price Quote? Get One Now!
Use our configurator for an instant online estimate and schedule a free in-home consultation.
1
Request a Quote
2
In-Home Consult (FREE)
3
Windows Installed
Lumberyards Near Harveys Lake
Top Lumberyards Near Harveys Lake
More Lumberyards Near Harveys Lake
Need windows fast?
Buy from a TrustGard N.O.W. Lumberyard!
The N.O.W. program delivers Harveys Lake inventory windows within 7 days, including application of standard extension jambs and mulling. TrustGard N.O.W. provides among the fastest turnaround times in Pennsylvania, affording you the flexibility and responsiveness you need.
Energy Savings & ROI: Harveys Lake vs the rest of Pennsylvania
Find out how investing in new windows in Harveys Lake compares to other nearby Pennsylvania cities.