Savings Category: Replacement Window Savings

Description

Value You Can Measure

Lindenhurst residents have a variety great reasons to change their windows. Upgrading leaky windows, changing the decor of your home etc… Some such benefits may be measured rather explicitly.

To begin with, windows retain about 72.3 percent of their initial purchase value in New England according to the Remodeling 2020 Cost vs. Value Report. This places windows among the top 5 home improvement investments in terms of value retention.

In terms of energy savings, homes in Lindenhurst, should see major savings on weekly spending for home energy. If you already have dual pane windows you could save around $218.32 compared to $174 in Buffalo. By comparison, when upgrading single-pane windows to National Vinyl’s EnergyStar rated windows you could save about $733.44 per annum, compared to $452 in Buffalo.

Increase your Lindenhurst Home’s Resale Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows may 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 find out : What’s the return on investment on energy savings if you put your house up for sale? The following is what we uncovered in Lindenhurst:

Basic Dual-Pane to National Vinyl

If you already have dual-pane windows (non-EnergyStar rated), in Lindenhurst, your home value could increase by between $1309.93 and $1916.86 for a mid-tier or top-tier Lindenhurst home respectively. Compare this to, the same replacement in Buffalo could add somewhere between $1044 and $1527.72.

Single-Pane to National Vinyl

When upgrading from low-efficiency single-pane windows, the potential is even greater. Lindenhurst homeowners could see an estimated home value gain of between $4400.64 for mid-tier homes and $6439.6 for the top tier. Compare this to between $2712 and $3968.56 in Buffalo.

Another way to look at it, a window upgrade in Lindenhurst can add anywhere from 0.33% percent and 1.6 % percent to the sale price of your home through 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 Lindenhurst homeowner is quite strong.

The variation between the range for Lindenhurst and Buffalo, which for reference, would yield a potential premium range of 0.26% percent and 0.38% percent respectively, is derived from a number of factors, primarily; the 2.83% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the New York-Newark-Jersey City region, and energy cost differences between Lindenhurst and Buffalo.

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

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Energy Savings & ROI: Lindenhurst vs the rest of New York

Find out how investing in new windows in Lindenhurst compares to other nearby New York cities.