Nassau-New York Savings

Build your Nassau Home’s Value through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows may 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to answer the question : What’s the return on energy savings if you put your house up for sale? This is what we discovered in Nassau:

Put differently, a window investment in Nassau can add anywhere from 0.63% percent and 2.58 % 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 initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Nassau homeowner is relatively strong.

The variation between the range for Nassau and Buffalo, which for reference, would yield a potential premium range of 0.59% percent and 0.86% percent respectively, is derived from a number of factors, principally; the 0.69% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Albany-Schenectady-Troy region, and heating & cooling cost differences between Nassau and Buffalo.

The data presented is derived from EnergyStar, the NREL,Department of Energy and meticulous research performed by the NAHB. Nassau home value data is provided by Zillow.

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