Nazareth-Pennsylvania Savings

Build your Nazareth Home’s Asking Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows may increase 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 uncover : What’s the premium for energy savings when selling the house? What follows is what we found in Nazareth:

In other words, a window upgrade in Nazareth can add between 0.27% percent and 1.06 % 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 initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Nazareth homeowner is relatively strong.

The variation between the range for Nazareth and Philadelphia, which for reference, would yield a potential premium range of 0.26% percent and 0.38% percent respectively, can be estimated from a number of factors, particularly; the 0.44% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the Allentown-Bethlehem-Easton region, and energy price differences between Nazareth and Philadelphia.

The data presented is based on EnergyStar, the NREL,Department of Energy and expert research performed by the NAHB. Nazareth home value data is provided by Zillow.

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