South Glens Falls-New York Savings

Build your South Glens Falls Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could 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 answer the question : What’s the return on energy savings on the market? What follows is what we discovered in South Glens Falls:

Another way to look at it, a window upgrade in South Glens Falls can add between 0.68% percent and 2.75 % percent to the value of your home through the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a South Glens Falls homeowner is relatively strong.

The variation between the range for South Glens Falls and Buffalo, which for reference, would yield a potential premium range of 0.65% percent and 0.95% percent respectively, is derived from a number of factors, in particular; the 0.54% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the Albany-Schenectady-Troy region, and heating & cooling cost differences between South Glens Falls and Buffalo.

The data presented is derived from EnergyStar, the NREL,Department of Energy and incredible research performed by the NAHB. South Glens Falls home value data is provided by Zillow.

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