Summit Hill-Pennsylvania Savings

Improve your Summit Hill Home’s Asking Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may add to 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to evaluate : What’s the premium for energy savings if you put your house up for sale? Below is what we found in Summit Hill:

In other words, a window upgrade in Summit Hill can add anywhere from 0.67% percent and 2.07 % 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 upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Summit Hill homeowner is relatively strong.

The variation between the range for Summit Hill and Philadelphia, which for reference, would yield a potential premium range of 0.7% percent and 0.93% percent respectively, can be estimated from a number of factors, especially; the -0.55% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Allentown-Bethlehem-Easton region, and energy price differences between Summit Hill and Philadelphia.

The data presented is derived from EnergyStar, the NREL,Department of Energy and extensive research performed by the NAHB. Summit Hill home value data is provided by Zillow.

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