Voorheesville-New York Savings

Build your Voorheesville Home’s Asking Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows may add to 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 figure out : What’s the return on investment on energy savings if you put your house up for sale? Below is what we found in Voorheesville:

In other words, a window investment in Voorheesville can add anywhere from 0.48% percent and 2.11 % percent to the asking price of your home via the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Voorheesville homeowner is quite strong.

The variation between the range for Voorheesville and Buffalo, which for reference, would yield a potential premium range of 0.43% percent and 0.63% percent respectively, may come from a number of factors, principally; the 1.3% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Albany-Schenectady-Troy region, and heating & cooling price differences between Voorheesville and Buffalo.

The data presented is based on EnergyStar, the NREL,Department of Energy and incredible research performed by the National Association of Homebuilders. Voorheesville home value data is provided by Zillow.

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