Little Falls-New York Savings

Improve your Little Falls Home’s Asking Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows could increase 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 answer the question : What’s the premium for energy savings if you sell your home? This is what we found in Little Falls:

Put differently, a window upgrade in Little Falls can add between 1.05% percent and 3.51 % percent to the sale price of your home via the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Little Falls homeowner is relatively clear.

The variation between the range for Little Falls and Buffalo, which for reference, would yield a potential premium range of 1.07% percent and 1.42% percent respectively, is derived from a number of factors, in particular; the -0.22% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Utica-Rome region, and energy cost differences between Little Falls and Buffalo.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and extensive research done by the National Association of Homebuilders. Little Falls home value data is provided by Zillow.

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