Pennsburg-Pennsylvania Savings

Increase your Pennsburg Home’s Value through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows can add to 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to figure out : What’s the premium for energy savings on the market? Below is what we estimated in Pennsburg:

Put differently, a window investment in Pennsburg can add between 0.27% percent and 1.06 % percent to the sale price of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Pennsburg homeowner is quite strong.

The variation between the range for Pennsburg and Philadelphia, which for reference, would yield a potential premium range of 0.26% percent and 0.38% percent respectively, can be estimated from a number of factors, notably; the 0.44% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the Philadelphia-Camden-Wilmington region, and heating & cooling cost differences between Pennsburg and Philadelphia.

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

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