Wantagh-New York Savings

Improve your Wantagh Home’s Resale Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows could increase 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to answer the question : What’s the premium for energy savings when it comes time to sell? What follows is what we uncovered in Wantagh:

Another way to look at it, a window investment in Wantagh can add between 0.48% percent and 2.39 % percent to the sale price of your home through 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 Wantagh homeowner is quite strong.

The variation between the range for Wantagh and Buffalo, which for reference, would yield a potential premium range of 0.35% percent and 0.49% percent respectively, is derived from a number of factors, in particular; the 3.96% 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 heating & cooling price differences between Wantagh and Buffalo.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and incredible research performed by the NAHB. Wantagh home value data is provided by Zillow.

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