Mineola-New York Savings

Improve your Mineola Home’s Asking Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows can add to 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 uncover : What’s the ROI on energy savings if you sell your home? Below is what we uncovered in Mineola:

In other words, a window upgrade in Mineola can add anywhere from 0.44% percent and 2.28 % percent to the value 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 Mineola homeowner is quite strong.

The variation between the range for Mineola and Buffalo, which for reference, would yield a potential premium range of 0.31% percent and 0.44% percent respectively, may come from a number of factors, especially; the 4.58% 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 Mineola and Buffalo.

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

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