Hurley-New York Savings

Increase your Hurley Home’s Resale Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows could 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 return on energy savings if you sell your home? The following is what we found in Hurley:

Put differently, a window investment in Hurley can add between 0.47% percent and 2.09 % percent to the value of your home through the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Hurley homeowner is relatively strong.

The variation between the range for Hurley and Buffalo, which for reference, would yield a potential premium range of 0.42% percent and 0.62% percent respectively, may come from a number of factors, primarily; the 1.35% 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 cost differences between Hurley and Buffalo.

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

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