New Hope-Pennsylvania Savings

Increase your New Hope Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows can add to the value 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 energy savings on the market? Here is what we found in New Hope:

In other words, a window upgrade in New Hope can add anywhere from 0.28% percent and 1.17 % 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 worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a New Hope homeowner is relatively strong.

The variation between the range for New Hope and Philadelphia, which for reference, would yield a potential premium range of 0.24% percent and 0.33% percent respectively, may come from a number of factors, particularly; the 1.77% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Philadelphia-Camden-Wilmington region, and energy cost differences between New Hope and Philadelphia.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and expert research conducted by the NAHB. New Hope home value data is provided by Zillow.

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