Lowville-New York Savings

Improve your Lowville Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows can add to the asking 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to estimate : What’s the return on energy savings if you sell your home? This is what we discovered in Lowville:

Put differently, a window investment in Lowville can add anywhere from 0.64% percent and 2.31 % percent to the sale price of your home by way of 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 Lowville homeowner is quite clear.

The variation between the range for Lowville and Buffalo, which for reference, would yield a potential premium range of 0.63% percent and 0.83% percent respectively, can be estimated from a number of factors, especially; the 0.33% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the region, and heating & cooling cost differences between Lowville and Buffalo.

The data presented is based on EnergyStar, the NREL,Department of Energy and professional research done by the National Association of Homebuilders. Lowville home value data is provided by Zillow.

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