North Wales-Pennsylvania Savings

Grow your North Wales Home’s Resale Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows could 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 find out : What’s the return on energy savings when selling the house? The following is what we found in North Wales:

In other words, a window upgrade in North Wales can add between 0.21% percent and 0.88 % percent to the value of your home through the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a North Wales homeowner is relatively strong.

The variation between the range for North Wales and Philadelphia, which for reference, would yield a potential premium range of 0.2% percent and 0.29% percent respectively, is dependent on a number of factors, especially; the 0.91% 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 heating & cooling cost differences between North Wales and Philadelphia.

The data presented is based on EnergyStar, the NREL,Department of Energy and incredible research executed by the National Association of Homebuilders. North Wales home value data is provided by Zillow.

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