Savings Category: Replacement Window Savings

Description

Value You Can Measure

Patchogue property owners have countless excellent reasons to replace their windows. Upgrading leaky windows, refining the look and feel of your home etc… Many such features can be quantified relatively precisely.

Firstly, windows maintain about 72.3 percent of their initial purchase value in New England according to the Remodeling 2020 Cost vs. Value Report. This sets windows among the top 5 home improvement investments in terms of value retention.

With regards to energy savings, people living in Patchogue, may experience dramatic savings on monthly bill for home energy. If you already have dual pane windows you may save approximately $213.23 compared to $174 in Buffalo. On the other hand, when upgrading single-pane windows to National Vinyl’s EnergyStar rated windows you may save approximately $701.11 every year, compared to $452 in Buffalo.

Increase your Patchogue Home’s Value 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to determine : What’s the premium for energy savings if you sell your home? Below is what we found in Patchogue:

Basic Dual-Pane to National Vinyl

If you already have dual-pane windows (non-EnergyStar rated), in Patchogue, your home value could increase by between $1279.38 and $1872.16 for a mid-tier or top-tier Patchogue home respectively. For comparison, the same upgrade in Buffalo could yield somewhere between $1044 and $1527.72.

Single-Pane to National Vinyl

When upgrading from low-efficiency single-pane windows, the potential is even greater. Patchogue homeowners could expect an estimated home value increase of between $4206.64 for mid-tier homes and $6155.71 for the top tier. Compare this to between $2712 and $3968.56 in Buffalo.

Put differently, a window investment in Patchogue can add between 0.35% percent and 1.67 % percent to the sale price of your home through 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 Patchogue homeowner is quite clear.

The variation between the range for Patchogue and Buffalo, which for reference, would yield a potential premium range of 0.28% percent and 0.42% percent respectively, can be estimated from a number of factors, particularly; the 2.51% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the New York-Newark-Jersey City region, and heating & cooling price differences between Patchogue and Buffalo.

The data presented is derived from EnergyStar, the NREL,Department of Energy and expert research performed by the NAHB. Patchogue home value data is provided by Zillow.

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The N.O.W. program delivers Patchogue inventory windows within 7 days, including application of standard extension jambs and mulling. TrustGard N.O.W. provides among the fastest turnaround times in New York, affording you the flexibility and responsiveness you need.

Energy Savings & ROI: Patchogue vs the rest of New York

Find out how investing in new windows in Patchogue compares to other nearby New York cities.