Hazleton-Pennsylvania Savings

Improve your Hazleton Home’s Resale Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows may add to 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 uncover : What’s the premium for energy savings when selling the house? Below is what we estimated in Hazleton:

Put differently, a window investment in Hazleton can add anywhere from 0.5% percent and 1.59 % percent to the value of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Hazleton homeowner is relatively clear.

The variation between the range for Hazleton and Philadelphia, which for reference, would yield a potential premium range of 0.52% percent and 0.69% percent respectively, is derived from a number of factors, primarily; the -0.39% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the Scranton–Wilkes-Barre–Hazleton region, and heating & cooling cost differences between Hazleton and Philadelphia.

The data presented is based on EnergyStar, the NREL,Department of Energy and professional research conducted by the National Association of Homebuilders. Hazleton home value data is provided by Zillow.

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