Watervliet-New York Savings

Improve your Watervliet Home’s Value 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 evaluate : What’s the return on energy savings if you sell your home? The following is what we discovered in Watervliet:

Another way to look at it, a window upgrade in Watervliet can add between 0.61% percent and 2.22 % percent to the sale 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 value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Watervliet homeowner is quite clear.

The variation between the range for Watervliet and Buffalo, which for reference, would yield a potential premium range of 0.59% percent and 0.79% percent respectively, may come from a number of factors, primarily; the 0.4% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the Albany-Schenectady-Troy region, and heating & cooling cost differences between Watervliet and Buffalo.

The data presented is derived from EnergyStar, the NREL,Department of Energy and extensive research performed by the NAHB. Watervliet home value data is provided by Zillow.

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