West Haverstraw-New York Savings

Build your West Haverstraw Home’s Resale Price through Energy Savings

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Replacing 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 find out : What’s the return on investment on energy savings when selling the house? Below is what we discovered in West Haverstraw:

Put differently, a window upgrade in West Haverstraw can add between 0.45% percent and 2.02 % percent to the value of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a West Haverstraw homeowner is relatively clear.

The variation between the range for West Haverstraw and Buffalo, which for reference, would yield a potential premium range of 0.4% percent and 0.59% percent respectively, is derived from a number of factors, notably; the 1.49% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the New York-Newark-Jersey City region, and heating & cooling price differences between West Haverstraw and Buffalo.

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

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