West Babylon-New York Savings

Build your West Babylon Home’s Asking Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could increase 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 estimate : What’s the return on investment on energy savings when selling the house? What follows is what we found in West Babylon:

In other words, a window investment in West Babylon can add anywhere from 0.32% percent and 1.59 % 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 West Babylon homeowner is quite clear.

The variation between the range for West Babylon and Buffalo, which for reference, would yield a potential premium range of 0.25% percent and 0.37% percent respectively, is derived from a number of factors, especially; the 2.92% 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 cost differences between West Babylon and Buffalo.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and professional research conducted by the National Association of Homebuilders. West Babylon home value data is provided by Zillow.

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