Red Hill-Pennsylvania Savings

Increase your Red Hill Home’s Resale Price through Energy Savings

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Upgrading 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 find out : What’s the return on investment on energy savings on the market? The following is what we found in Red Hill:

Another way to look at it, a window investment in Red Hill can add between 0.32% percent and 1.22 % percent to the value of your home via 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 Red Hill homeowner is relatively clear.

The variation between the range for Red Hill and Philadelphia, which for reference, would yield a potential premium range of 0.32% percent and 0.46% percent respectively, may come from a number of factors, especially; the 0.19% 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 energy cost differences between Red Hill and Philadelphia.

The data presented is based on EnergyStar, the NREL,Department of Energy and extensive research done by the NAHB. Red Hill home value data is provided by Zillow.

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