Savings Category: Replacement Window Savings

Description

Value You Can Measure

Marlboro homeowners have plenty valid reasons to upgrade their windows. Fixing broken windows, revamping the design of your home etc… Other such features may be quantified quite accurately.

Firstly, windows conserve 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, houses in Marlboro, are likely to see significant savings on monthly costs for electricity. If you already have dual pane windows you could save around $197.72 compared to $174 in Buffalo. On the other hand, when replacing single-pane windows to National Vinyl’s EnergyStar rated windows you could save about $602.62 per year, compared to $452 in Buffalo.

Grow your Marlboro Home’s Resale Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows could add to the value 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 evaluate : What’s the return on energy savings if you sell your home? The following is what we uncovered in Marlboro:

Basic Dual-Pane to National Vinyl

If you already have dual-pane windows (non-EnergyStar rated), in Marlboro, your home value could increase by around $1186.32 and $1735.98 for a mid-tier or top-tier Marlboro home respectively. For comparison, 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. Marlboro homeowners could expect an estimated home value gain of between $3615.72 for mid-tier homes and $5291 for the top tier. Compare this to between $2712 and $3968.56 in Buffalo.

Another way to look at it, a window investment in Marlboro can add between 0.45% percent and 2.01 % percent to the value of your home via the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Marlboro homeowner is relatively strong.

The variation between the range for Marlboro and Buffalo, which for reference, would yield a potential premium range of 0.4% percent and 0.58% percent respectively, may come from a number of factors, notably; the 1.51% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Kingston region, and heating & cooling cost differences between Marlboro and Buffalo.

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

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

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