Massapequa-New York Savings

Improve your Massapequa Home’s Asking Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may increase 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 ascertain : What’s the ROI on energy savings on the market? The following is what we discovered in Massapequa:

Another way to look at it, a window investment in Massapequa can add anywhere from 0.48% percent and 2.39 % percent to the value 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 Massapequa homeowner is relatively strong.

The variation between the range for Massapequa and Buffalo, which for reference, would yield a potential premium range of 0.35% percent and 0.49% percent respectively, may come from a number of factors, principally; the 4% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the New York-Newark-Jersey City region, and heating & cooling cost differences between Massapequa and Buffalo.

The data presented is derived from EnergyStar, the NREL,Department of Energy and incredible research conducted by the NAHB. Massapequa home value data is provided by Zillow.

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