Liberty-New York Savings

Increase your Liberty Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could add to the sale 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to evaluate : What’s the ROI on energy savings when selling the house? Here is what we uncovered in Liberty:

Another way to look at it, a window upgrade in Liberty can add between 0.8% percent and 2.79 % percent to the asking price of your home via the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Liberty homeowner is quite strong.

The variation between the range for Liberty and Buffalo, which for reference, would yield a potential premium range of 0.8% percent and 1.07% percent respectively, is dependent on a number of factors, in particular; the 0.03% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the region, and heating & cooling cost differences between Liberty and Buffalo.

The data presented is based on EnergyStar, the NREL,Department of Energy and incredible research executed by the NAHB. Liberty home value data is provided by Zillow.

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