Jericho-Vermont Savings

Grow your Jericho Home’s Resale Price 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.

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? Here is what we estimated in Jericho:

Put differently, a window investment in Jericho can add between 0.32% percent and 1.31 % percent to the sale price of your home through 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 Jericho homeowner is quite strong.

The variation between the range for Jericho and Burlington, which for reference, would yield a potential premium range of 0.32% percent and 0.47% percent respectively, can be estimated from a number of factors, particularly; the -0.06% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Burlington-South Burlington region, and energy price differences between Jericho and Burlington.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and meticulous research performed by the NAHB. Jericho home value data is provided by Zillow.

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