Description
Value You Can Measure
Hastings on Hudson homeowners have a variety strong reasons to replace their windows. Fixing leaky windows, improving the look and feel of your home etc… Certain such benefits should be quantified rather accurately.
For starters, windows conserve about 72.3 percent of their initial purchase value in New England according to the Remodeling 2020 Cost vs. Value Report. This puts windows among the top 5 home improvement investments in terms of value retention.
As for energy savings, people living in Hastings on Hudson, may notice dramatic reductions on monthly costs for home energy. If you already have dual pane windows you may save approximately $272.37 compared to $174 in Buffalo. By comparison, when replacing single-pane windows to National Vinyl’s EnergyStar rated windows you may save approximately $1076.67 per year, compared to $452 in Buffalo.
Build your Hastings on Hudson Home’s Value through Energy Savings
[lme-module module=”market-stats” city=”Hastings on Hudson” state=”NY”]
Switching your windows to EnergyStar rated National Vinyl windows may 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 ascertain : What’s the ROI on energy savings when it comes time to sell? What follows is what we discovered in Hastings on Hudson:
Basic Dual-Pane to National Vinyl
If you already have dual-pane windows (non-EnergyStar rated), in Hastings on Hudson, your home value could increase by between $2876.26 and $4010.97 for a mid-tier or top-tier Hastings on Hudson home respectively. For comparison, the same upgrade in Buffalo may get you somewhere between $1837.44 and $2562.32.
Single-Pane to National Vinyl
When upgrading from low-efficiency single-pane windows, the potential is even greater. Hastings on Hudson homeowners may expect an estimated home value increase of between $11369.59 for mid-tier homes and $15854.97 for the top tier. Compare this to between $4773.12 and $6656.15 in Buffalo.
In other words, a window upgrade in Hastings on Hudson can add anywhere from 0.38% percent and 2.08 % percent to the asking price of your home via the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Hastings on Hudson homeowner is relatively strong.
The variation between the range for Hastings on Hudson and Buffalo, which for reference, would yield a potential premium range of 0.24% percent and 0.34% percent respectively, can be estimated from a number of factors, in particular; the 6.28% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the New York-Newark-Jersey City region, and heating & cooling price differences between Hastings on Hudson and Buffalo.
The data presented is derived from EnergyStar, the NREL,Department of Energy and professional research executed by the National Association of Homebuilders. Hastings on Hudson 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=”Hastings on Hudson” state=”NY”]
Directions from Hastings on Hudson to our headquarters
Window Installers Near Hastings on Hudson:
State Licensed
Background Checked
Verified Reviews
Liability Insurance
Top Installers Near Hastings on Hudson
More Installers Near Hastings on Hudson
Search for Hastings on Hudson 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 Hastings on Hudson
Top Lumberyards Near Hastings on Hudson
More Lumberyards Near Hastings on Hudson
Need windows fast?
Buy from a TrustGard N.O.W. Lumberyard!
The N.O.W. program delivers Hastings on Hudson inventory windows within 7 days, including application of standard extension jambs and mulling. TrustGard N.O.W. provides among the fastest turnaround times in New York, affording you the flexibility and responsiveness you need.
Energy Savings & ROI: Hastings on Hudson vs the rest of New York
Find out how investing in new windows in Hastings on Hudson compares to other nearby New York cities.