Shoreham-New York Savings

Increase your Shoreham Home’s Resale Price through Energy Savings

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

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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to ascertain : What’s the ROI on energy savings on the market? The following is what we uncovered in Shoreham:

In other words, a window investment in Shoreham can add between 0.29% percent and 1.49 % percent to the sale 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 Shoreham homeowner is relatively strong.

The variation between the range for Shoreham and Buffalo, which for reference, would yield a potential premium range of 0.22% percent and 0.32% percent respectively, can be estimated from a number of factors, particularly; the 3.51% percent difference in median home prices, a buyers’ likelihood 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 Shoreham and Buffalo.

The data presented is based on EnergyStar, the NREL,Department of Energy and incredible research performed by the NAHB. Shoreham home value data is provided by Zillow.

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

Directions from Shoreham to our headquarters