Stone Ridge-New York Savings

Build your Stone Ridge Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows may add to the asking price 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 determine : What’s the return on energy savings when selling the house? What follows is what we estimated in Stone Ridge:

In other words, a window investment in Stone Ridge can add anywhere from 0.41% percent and 1.89 % 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 initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Stone Ridge homeowner is quite clear.

The variation between the range for Stone Ridge and Buffalo, which for reference, would yield a potential premium range of 0.36% percent and 0.52% percent respectively, can be estimated from a number of factors, especially; the 1.8% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Kingston region, and heating & cooling cost differences between Stone Ridge and Buffalo.

The data presented is based on EnergyStar, the NREL,Department of Energy and professional research done by the National Association of Homebuilders. Stone Ridge home value data is provided by Zillow.

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