Jermyn-Pennsylvania Savings

Increase your Jermyn Home’s Resale Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows may 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 answer the question : What’s the ROI on energy savings when selling the house? This is what we uncovered in Jermyn:

In other words, a window upgrade in Jermyn can add between 0.48% percent and 1.54 % percent to the value of your home via the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Jermyn homeowner is relatively clear.

The variation between the range for Jermyn and Philadelphia, which for reference, would yield a potential premium range of 0.5% percent and 0.66% percent respectively, is dependent on a number of factors, primarily; the -0.37% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Scranton–Wilkes-Barre–Hazleton region, and energy price differences between Jermyn and Philadelphia.

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

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