New Paltz-New York Savings

Build your New Paltz Home’s Asking Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could 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 investment on energy savings if you sell your home? This is what we found in New Paltz:

Another way to look at it, a window investment in New Paltz can add between 0.39% percent and 1.82 % percent to the sale price of your home via the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a New Paltz homeowner is quite clear.

The variation between the range for New Paltz and Buffalo, which for reference, would yield a potential premium range of 0.33% percent and 0.49% percent respectively, can be estimated from a number of factors, especially; the 1.98% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the Kingston region, and heating & cooling price differences between New Paltz and Buffalo.

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

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