Round Lake-New York Savings

Increase your Round Lake Home’s Value through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could 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 evaluate : What’s the return on energy savings if you put your house up for sale? Here is what we discovered in Round Lake:

In other words, a window investment in Round Lake can add anywhere from 0.49% percent and 2.13 % 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 value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Round Lake homeowner is quite clear.

The variation between the range for Round Lake and Buffalo, which for reference, would yield a potential premium range of 0.44% percent and 0.64% percent respectively, can be estimated from a number of factors, especially; the 1.27% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the Albany-Schenectady-Troy region, and heating & cooling price differences between Round Lake and Buffalo.

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

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