Seneca Knolls-New York Savings

Build your Seneca Knolls Home’s Resale Price through Energy Savings

[lme-module module=”market-stats” city=”Seneca Knolls” state=”NY”]

Switching your windows to EnergyStar rated National Vinyl windows may increase 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 find out : What’s the return on energy savings if you put your house up for sale? This is what we estimated in Seneca Knolls:

In other words, a window investment in Seneca Knolls can add anywhere from 0.78% percent and 2.7 % percent to the sale price of your home through the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Seneca Knolls homeowner is quite clear.

The variation between the range for Seneca Knolls and Buffalo, which for reference, would yield a potential premium range of 0.77% percent and 1.02% percent respectively, is derived from a number of factors, notably; the 0.08% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Syracuse region, and energy cost differences between Seneca Knolls and Buffalo.

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

[lme-module module=”market-activity” city=”Seneca Knolls” state=”NY”]

Directions from Seneca Knolls to our headquarters