Mattituck-New York Savings

Build your Mattituck Home’s Asking Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows could increase 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 figure out : What’s the return on energy savings when it comes time to sell? Below is what we discovered in Mattituck:

In other words, a window investment in Mattituck can add anywhere from 0.42% percent and 2.21 % percent to the asking price of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Mattituck homeowner is relatively clear.

The variation between the range for Mattituck and Buffalo, which for reference, would yield a potential premium range of 0.29% percent and 0.4% percent respectively, is dependent on a number of factors, principally; the 5.07% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the New York-Newark-Jersey City region, and heating & cooling price differences between Mattituck and Buffalo.

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

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