Savings Category: Replacement Window Savings

Description

Value You Can Measure

Saugerties residents have a variety strong reasons to upgrade their windows. Upgrading leaky windows, revamping the look and feel of your home etc… Many such features should be counted relatively clearly.

To start, windows conserve about 72.3 percent of their initial purchase value in New England according to the Remodeling 2020 Cost vs. Value Report. This places windows among the top 5 home improvement investments in terms of value retention.

In terms of energy savings, houses in Saugerties, are likely to see important decreases on weekly costs for home energy. If you already have dual pane windows you may save around $194.31 compared to $174 in Buffalo. By comparison, when upgrading single-pane windows to National Vinyl’s EnergyStar rated windows you may save approximately $580.97 per year, compared to $452 in Buffalo.

Build your Saugerties Home’s Resale Price through Energy Savings

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Replacing 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 determine : What’s the ROI on energy savings if you sell your home? Below is what we discovered in Saugerties:

Basic Dual-Pane to National Vinyl

If you already have dual-pane windows (non-EnergyStar rated), in Saugerties, your home value could increase by between $1165.86 and $1706.04 for a mid-tier or top-tier Saugerties home respectively. Compare this to, the same upgrade in Buffalo could add somewhere between $1044 and $1527.72.

Single-Pane to National Vinyl

When upgrading from low-efficiency single-pane windows, the potential is even greater. Saugerties homeowners could expect an estimated home value gain of between $3485.8 for mid-tier homes and $5100.88 for the top tier. Compare this to between $2712 and $3968.56 in Buffalo.

Put differently, a window upgrade in Saugerties can add anywhere from 0.48% percent and 2.12 % percent to the asking price of your home via the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Saugerties homeowner is quite clear.

The variation between the range for Saugerties and Buffalo, which for reference, would yield a potential premium range of 0.43% percent and 0.63% percent respectively, is dependent on a number of factors, notably; the 1.3% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the Kingston region, and energy price differences between Saugerties and Buffalo.

The data presented is based on EnergyStar, the NREL,Department of Energy and expert research executed by the National Association of Homebuilders. Saugerties home value data is provided by Zillow.

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Energy Savings & ROI: Saugerties vs the rest of New York

Find out how investing in new windows in Saugerties compares to other nearby New York cities.