Kingston-New York Savings

Increase your Kingston Home’s Resale 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to evaluate : What’s the return on investment on energy savings when it comes time to sell? Here is what we uncovered in Kingston:

Another way to look at it, a window upgrade in Kingston can add between 0.57% percent and 2.41 % 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 initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Kingston homeowner is quite clear.

The variation between the range for Kingston and Buffalo, which for reference, would yield a potential premium range of 0.53% percent and 0.78% percent respectively, is derived from a number of factors, particularly; the 0.88% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the Kingston region, and energy price differences between Kingston and Buffalo.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and expert research conducted by the National Association of Homebuilders. Kingston home value data is provided by Zillow.

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