Hillside-New York Savings

Increase your Hillside Home’s Value through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to evaluate : What’s the premium for energy savings if you sell your home? The following is what we estimated in Hillside:

Put differently, a window investment in Hillside can add between 0.38% percent and 1.78 % percent to the sale price of your home via the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Hillside homeowner is relatively clear.

The variation between the range for Hillside and Buffalo, which for reference, would yield a potential premium range of 0.32% percent and 0.47% percent respectively, is derived from a number of factors, notably; the 2.1% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Kingston region, and heating & cooling price differences between Hillside and Buffalo.

The data presented is derived from EnergyStar, the NREL,Department of Energy and extensive research done by the NAHB. Hillside home value data is provided by Zillow.

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