Lynbrook-New York Savings

Increase your Lynbrook Home’s Value through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows can 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 energy savings when selling the house? Here is what we found in Lynbrook:

In other words, a window investment in Lynbrook can add anywhere from 0.48% percent and 2.4 % 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 worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Lynbrook homeowner is relatively clear.

The variation between the range for Lynbrook and Buffalo, which for reference, would yield a potential premium range of 0.35% percent and 0.49% percent respectively, is derived from a number of factors, particularly; the 3.95% 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 Lynbrook and Buffalo.

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

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