Wappingers Falls-New York Savings

Build your Wappingers Falls Home’s Asking Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows can increase 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to uncover : What’s the premium for energy savings on the market? What follows is what we found in Wappingers Falls:

Another way to look at it, a window upgrade in Wappingers Falls can add anywhere from 0.45% percent and 2 % percent to the asking price 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 Wappingers Falls homeowner is quite clear.

The variation between the range for Wappingers Falls and Buffalo, which for reference, would yield a potential premium range of 0.4% percent and 0.58% percent respectively, may come from a number of factors, principally; the 1.52% 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 cost differences between Wappingers Falls and Buffalo.

The data presented is derived from EnergyStar, the NREL,Department of Energy and incredible research done by the NAHB. Wappingers Falls home value data is provided by Zillow.

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