Mayfield-New York Savings

Build your Mayfield Home’s Value through Energy Savings

[lme-module module=”market-stats” city=”Mayfield” state=”NY”]

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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to evaluate : What’s the return on energy savings when selling the house? Below is what we uncovered in Mayfield:

In other words, a window investment in Mayfield can add between 0.69% percent and 2.79 % percent to the sale 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 initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Mayfield homeowner is quite strong.

The variation between the range for Mayfield and Buffalo, which for reference, would yield a potential premium range of 0.66% percent and 0.97% percent respectively, may come from a number of factors, especially; the 0.5% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Gloversville region, and heating & cooling price differences between Mayfield and Buffalo.

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

[lme-module module=”market-activity” city=”Mayfield” state=”NY”]

Directions from Mayfield to our headquarters