Rome-Pennsylvania Savings

Build your Rome Home’s Resale Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows could increase 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to evaluate : What’s the premium for energy savings when it comes time to sell? The following is what we uncovered in Rome:

In other words, a window investment in Rome can add anywhere from 0.5% percent and 1.6 % 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 Rome homeowner is relatively clear.

The variation between the range for Rome and Philadelphia, which for reference, would yield a potential premium range of 0.52% percent and 0.69% percent respectively, may come from a number of factors, notably; the -0.4% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Sayre region, and energy price differences between Rome and Philadelphia.

The data presented is derived from EnergyStar, the NREL,Department of Energy and expert research done by the National Association of Homebuilders. Rome home value data is provided by Zillow.

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