Sagaponack-New York Savings

Grow your Sagaponack 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 estimate : What’s the return on energy savings on the market? What follows is what we estimated in Sagaponack:

Put differently, a window upgrade in Sagaponack can add anywhere from 0.23% percent and 2.09 % percent to the sale price of your home via 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 Sagaponack homeowner is relatively clear.

The variation between the range for Sagaponack and Buffalo, which for reference, would yield a potential premium range of 0.04% percent and 0.07% percent respectively, may come from a number of factors, notably; the 48.77% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the New York-Newark-Jersey City region, and heating & cooling price differences between Sagaponack and Buffalo.

The data presented is based on EnergyStar, the NREL,Department of Energy and meticulous research conducted by the NAHB. Sagaponack home value data is provided by Zillow.

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