Rocky Point-New York Savings

Improve your Rocky Point Home’s Resale Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows can 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 estimate : What’s the return on investment on energy savings when selling the house? Below is what we uncovered in Rocky Point:

Put differently, a window upgrade in Rocky Point can add anywhere from 0.39% percent and 1.8 % 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 initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Rocky Point homeowner is relatively strong.

The variation between the range for Rocky Point and Buffalo, which for reference, would yield a potential premium range of 0.33% percent and 0.48% percent respectively, is dependent on a number of factors, especially; the 2.05% percent difference in median home prices, a buyers’ likelihood 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 Rocky Point and Buffalo.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and expert research performed by the National Association of Homebuilders. Rocky Point home value data is provided by Zillow.

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