Kerhonkson-New York Savings

Build your Kerhonkson Home’s Asking Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows may 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to uncover : What’s the premium for energy savings on the market? This is what we uncovered in Kerhonkson:

Another way to look at it, a window investment in Kerhonkson can add anywhere from 0.63% percent and 2.59 % percent to the asking price of your home through the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Kerhonkson homeowner is relatively strong.

The variation between the range for Kerhonkson and Buffalo, which for reference, would yield a potential premium range of 0.59% percent and 0.87% percent respectively, is dependent on a number of factors, primarily; the 0.68% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the Kingston region, and energy price differences between Kerhonkson and Buffalo.

The data presented is derived from EnergyStar, the NREL,Department of Energy and meticulous research executed by the National Association of Homebuilders. Kerhonkson home value data is provided by Zillow.

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