Waymart-Pennsylvania Savings

Build your Waymart Home’s Asking Price through Energy Savings

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Replacing 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to evaluate : What’s the premium for energy savings if you sell your home? The following is what we estimated in Waymart:

In other words, a window upgrade in Waymart can add anywhere from 0.39% percent and 1.28 % percent to the value of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Waymart homeowner is relatively strong.

The variation between the range for Waymart and Philadelphia, which for reference, would yield a potential premium range of 0.4% percent and 0.53% percent respectively, can be estimated from a number of factors, principally; the -0.21% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the region, and energy cost differences between Waymart and Philadelphia.

The data presented is based on EnergyStar, the NREL,Department of Energy and extensive research executed by the NAHB. Waymart home value data is provided by Zillow.

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