Sea Cliff-New York Savings

Improve your Sea Cliff Home’s Asking Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may 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.

In addition, 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 if you put your house up for sale? Here is what we found in Sea Cliff:

Another way to look at it, a window investment in Sea Cliff can add between 0.38% percent and 2.09 % percent to the asking price of your home through 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 Sea Cliff homeowner is quite strong.

The variation between the range for Sea Cliff and Buffalo, which for reference, would yield a potential premium range of 0.25% percent and 0.34% percent respectively, is dependent on a number of factors, principally; the 6.12% 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 Sea Cliff and Buffalo.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and incredible research conducted by the NAHB. Sea Cliff home value data is provided by Zillow.

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