Muttontown-New York Savings

Increase your Muttontown Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could 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.

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 if you put your house up for sale? What follows is what we estimated in Muttontown:

Another way to look at it, a window upgrade in Muttontown can add anywhere from 0.33% percent and 2.42 % percent to the sale 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 upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Muttontown homeowner is relatively strong.

The variation between the range for Muttontown and Buffalo, which for reference, would yield a potential premium range of 0.15% percent and 0.23% percent respectively, is dependent on a number of factors, particularly; the 13.8% percent difference in median home prices, a buyers’ propensity 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 Muttontown and Buffalo.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and extensive research performed by the NAHB. Muttontown home value data is provided by Zillow.

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