Minoa-New York Savings

Build your Minoa Home’s Resale Price through Energy Savings

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Switching 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 determine : What’s the return on investment on energy savings if you sell your home? Here is what we discovered in Minoa:

Another way to look at it, a window investment in Minoa can add between 0.6% percent and 2.2 % percent to the value of your home via the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Minoa homeowner is relatively strong.

The variation between the range for Minoa and Buffalo, which for reference, would yield a potential premium range of 0.58% percent and 0.77% percent respectively, can be estimated from a number of factors, particularly; the 0.43% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Syracuse region, and energy price differences between Minoa and Buffalo.

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

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