Savings Category: Replacement Window Savings

Description

Value You Can Measure

Warminster Heights residents have a whole host good reasons to change their windows. Upgrading damaged windows, changing the style of your home etc… Certain such values can be counted quite exactly.

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

In terms of energy savings, residents of Warminster Heights, may see important savings on monthly costs for electricity. If you already have dual pane windows you could save approximately $123.08 compared to $116 in Philadelphia. In contrast, when replacing single-pane windows to National Vinyl’s EnergyStar rated windows you could save approximately $337.85 every year, compared to $294 in Philadelphia.

Increase your Warminster Heights Home’s Asking Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows can 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to determine : What’s the ROI on energy savings if you put your house up for sale? What follows is what we discovered in Warminster Heights:

Basic Dual-Pane to National Vinyl

If you already have dual-pane windows (non-EnergyStar rated), in Warminster Heights, your home value could increase by around $738.47 and $1080.62 for a mid-tier or top-tier Warminster Heights home respectively. Compare this to, the same replacement in Philadelphia could add somewhere between $696 and $1018.48.

Single-Pane to National Vinyl

When upgrading from low-efficiency single-pane windows, the potential is even greater. Warminster Heights homeowners could see an estimated home value increase of between $2027.1 for mid-tier homes and $2966.32 for the top tier. Compare this to between $1764 and $2581.32 in Philadelphia.

In other words, a window investment in Warminster Heights can add between 0.24% percent and 0.96 % percent to the value 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 Warminster Heights homeowner is quite strong.

The variation between the range for Warminster Heights and Philadelphia, which for reference, would yield a potential premium range of 0.22% percent and 0.33% percent respectively, may come from a number of factors, notably; the 0.68% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the Philadelphia-Camden-Wilmington region, and energy cost differences between Warminster Heights and Philadelphia.

The data presented is derived from EnergyStar, the NREL,Department of Energy and incredible research conducted by the NAHB. Warminster Heights home value data is provided by Zillow.

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Energy Savings & ROI: Warminster Heights vs the rest of Pennsylvania

Find out how investing in new windows in Warminster Heights compares to other nearby Pennsylvania cities.