Massapequa Park-New York Savings

Improve your Massapequa Park Home’s Asking Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows can 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 find out : What’s the return on investment on energy savings when selling the house? Here is what we found in Massapequa Park:

Another way to look at it, a window upgrade in Massapequa Park can add anywhere from 0.48% percent and 2.41 % percent to the asking 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 Massapequa Park homeowner is quite clear.

The variation between the range for Massapequa Park and Buffalo, which for reference, would yield a potential premium range of 0.36% percent and 0.5% percent respectively, is dependent on a number of factors, primarily; the 3.9% 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 Park and Buffalo.

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

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