Savings Category: Replacement Window Savings

Description

Value You Can Measure

Sugar Notch property owners have many great reasons to replace their windows. Replacing leaky windows, revamping the look and feel of your home etc… Some such values should be measured relatively exactly.

To begin with, windows retain about 72.3 percent of their initial purchase value in New England according to the Remodeling 2020 Cost vs. Value Report. This sets windows among the top 5 home improvement investments in terms of value retention.

As for energy savings, households located in Sugar Notch, will most probably have major savings on monthly expenditures for energy. If you already have dual pane windows you could save approximately $110 compared to $116 in Philadelphia. In contrast, when replacing single-pane windows to National Vinyl’s EnergyStar rated windows you may save about $256.82 per year, compared to $294 in Philadelphia.

Improve your Sugar Notch Home’s Value through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows can increase 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 determine : What’s the return on energy savings if you put your house up for sale? Below is what we uncovered in Sugar Notch:

Basic Dual-Pane to National Vinyl

If you already have dual-pane windows (non-EnergyStar rated), in Sugar Notch, your home value could increase by between $549.99 and $731.49 for a mid-tier or top-tier Sugar Notch home respectively. Compare this to, the same replacement in Philadelphia could add somewhere between $580 and $771.4.

Single-Pane to National Vinyl

When upgrading from low-efficiency single-pane windows, the potential is even greater. Sugar Notch homeowners could see an estimated home value gain of between $1284.11 for mid-tier homes and $1707.86 for the top tier. Compare this to between $1470 and $1955.1 in Philadelphia.

In other words, a window upgrade in Sugar Notch can add anywhere from 0.7% percent and 2.17 % 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 value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Sugar Notch homeowner is relatively strong.

The variation between the range for Sugar Notch and Philadelphia, which for reference, would yield a potential premium range of 0.74% percent and 0.98% percent respectively, is derived from a number of factors, principally; the -0.57% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Scranton–Wilkes-Barre–Hazleton region, and energy cost differences between Sugar Notch and Philadelphia.

The data presented is based on EnergyStar, the NREL,Department of Energy and expert research executed by the NAHB. Sugar Notch home value data is provided by Zillow.

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Energy Savings & ROI: Sugar Notch vs the rest of Pennsylvania

Find out how investing in new windows in Sugar Notch compares to other nearby Pennsylvania cities.