Oreland-Pennsylvania Savings

Improve your Oreland Home’s Value through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows can increase 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 ROI on energy savings if you put your house up for sale? The following is what we found in Oreland:

Another way to look at it, a window upgrade in Oreland can add anywhere from 0.22% percent and 0.91 % percent to the asking price of your home via 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 Oreland homeowner is relatively clear.

The variation between the range for Oreland and Philadelphia, which for reference, would yield a potential premium range of 0.21% percent and 0.3% percent respectively, may come from a number of factors, especially; the 0.81% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Philadelphia-Camden-Wilmington region, and energy cost differences between Oreland and Philadelphia.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and professional research conducted by the National Association of Homebuilders. Oreland home value data is provided by Zillow.

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