Stamford-New York Savings

Increase your Stamford Home’s Value 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 ROI on energy savings when selling the house? What follows is what we estimated in Stamford:

Put differently, a window upgrade in Stamford can add between 0.65% percent and 2.34 % percent to the value of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Stamford homeowner is relatively strong.

The variation between the range for Stamford and Buffalo, which for reference, would yield a potential premium range of 0.63% percent and 0.84% percent respectively, may come from a number of factors, particularly; the 0.31% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the region, and energy cost differences between Stamford and Buffalo.

The data presented is derived from EnergyStar, the NREL,Department of Energy and incredible research executed by the NAHB. Stamford home value data is provided by Zillow.

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