Savings Category: Replacement Window Savings

Description

Value You Can Measure

Uniondale residents have many great reasons to change their windows. Repairing old windows, refining the design of your home etc… Certain such benefits can be calculated rather explicitly.

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

With regards to energy savings, households located in Uniondale, should see dramatic decreases on weekly costs for heating & cooling. If you already have dual pane windows you could save about $222.33 compared to $174 in Buffalo. By comparison, when upgrading single-pane windows to National Vinyl’s EnergyStar rated windows you could save approximately $758.9 per year, compared to $452 in Buffalo.

Build your Uniondale 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 evaluate : What’s the return on investment on energy savings on the market? The following is what we estimated in Uniondale:

Basic Dual-Pane to National Vinyl

If you already have dual-pane windows (non-EnergyStar rated), in Uniondale, your home value could increase by around $1333.99 and $1952.07 for a mid-tier or top-tier Uniondale home respectively. Compare this to, the same upgrade in Buffalo could add somewhere between $1044 and $1527.72.

Single-Pane to National Vinyl

When upgrading from low-efficiency single-pane windows, the potential is even greater. Uniondale homeowners may expect an estimated home value increase of between $4553.4 for mid-tier homes and $6663.14 for the top tier. Compare this to between $2712 and $3968.56 in Buffalo.

In other words, a window investment in Uniondale can add between 0.31% percent and 1.55 % percent to the sale price of your home via the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Uniondale homeowner is relatively clear.

The variation between the range for Uniondale and Buffalo, which for reference, would yield a potential premium range of 0.24% percent and 0.36% percent respectively, can be estimated from a number of factors, primarily; the 3.09% 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 price differences between Uniondale and Buffalo.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and extensive research done by the NAHB. Uniondale home value data is provided by Zillow.

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Energy Savings & ROI: Uniondale vs the rest of New York

Find out how investing in new windows in Uniondale compares to other nearby New York cities.