Poughkeepsie-New York Savings

Grow your Poughkeepsie Home’s Asking Price through Energy Savings

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Switching 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 ascertain : What’s the return on energy savings if you put your house up for sale? What follows is what we found in Poughkeepsie:

Another way to look at it, a window upgrade in Poughkeepsie can add between 0.47% percent and 2.08 % percent to the value of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Poughkeepsie homeowner is relatively clear.

The variation between the range for Poughkeepsie and Buffalo, which for reference, would yield a potential premium range of 0.42% percent and 0.62% percent respectively, can be estimated from a number of factors, primarily; the 1.36% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the New York-Newark-Jersey City region, and heating & cooling cost differences between Poughkeepsie and Buffalo.

The data presented is derived from EnergyStar, the NREL,Department of Energy and extensive research done by the NAHB. Poughkeepsie home value data is provided by Zillow.

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