Stony Brook-New York Savings

Improve your Stony Brook Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows may increase the sale 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to figure out : What’s the return on investment on energy savings if you put your house up for sale? Below is what we estimated in Stony Brook:

Another way to look at it, a window investment in Stony Brook can add between 0.49% percent and 2.43 % percent to the sale price of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Stony Brook homeowner is quite strong.

The variation between the range for Stony Brook and Buffalo, which for reference, would yield a potential premium range of 0.37% percent and 0.51% percent respectively, is dependent on a number of factors, especially; the 3.79% 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 energy cost differences between Stony Brook and Buffalo.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and meticulous research executed by the NAHB. Stony Brook home value data is provided by Zillow.

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