Ticonderoga-New York Savings

Improve your Ticonderoga Home’s Asking Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows can 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 premium for energy savings when it comes time to sell? This is what we estimated in Ticonderoga:

Another way to look at it, a window investment in Ticonderoga can add anywhere from 0.64% percent and 2.3 % percent to the value of your home through the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Ticonderoga homeowner is relatively strong.

The variation between the range for Ticonderoga and Buffalo, which for reference, would yield a potential premium range of 0.62% percent and 0.82% percent respectively, may come from a number of factors, primarily; the 0.34% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the region, and heating & cooling cost differences between Ticonderoga and Buffalo.

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

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