Hudson Falls-New York Savings

Increase your Hudson Falls Home’s Value through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows could 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to find out : What’s the ROI on energy savings when it comes time to sell? What follows is what we estimated in Hudson Falls:

Another way to look at it, a window upgrade in Hudson Falls can add anywhere from 0.69% percent and 2.78 % percent to the sale price of your home by way of 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 Hudson Falls homeowner is relatively clear.

The variation between the range for Hudson Falls and Buffalo, which for reference, would yield a potential premium range of 0.66% percent and 0.96% percent respectively, can be estimated from a number of factors, notably; the 0.52% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Glens Falls region, and energy cost differences between Hudson Falls and Buffalo.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and extensive research done by the National Association of Homebuilders. Hudson Falls home value data is provided by Zillow.

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