Value You Can Measure
West Pittston homeowners have a multitude great reasons to replace their windows. Updating broken windows, refining the look and feel of your home etc… Other such features may be quantified rather explicitly.
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.
With regards to energy savings, homes in West Pittston, could have large savings on monthly spending for energy. If you already have dual pane windows you may save approximately $112.08 compared to $116 in Philadelphia. In contrast, when upgrading single-pane windows to National Vinyl’s EnergyStar rated windows you may save approximately $269.74 every year, compared to $294 in Philadelphia.
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Increase your West Pittston Home’s Asking Price through Energy Savings
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Replacing your windows to EnergyStar rated National Vinyl windows may 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.
In addition, many buyers are willing to pay a premium for energy savings. Here we try to answer the question : What’s the ROI on energy savings when selling the house? The following is what we uncovered in West Pittston:
Basic Dual-Pane to National Vinyl
If you already have dual-pane windows (non-EnergyStar rated), in West Pittston, your home value could increase by between $560.42 and $745.36 for a mid-tier or top-tier West Pittston home respectively. Compare this to, the same upgrade in Philadelphia may get you somewhere between $580 and $771.4.
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Single-Pane to National Vinyl
When upgrading from low-efficiency single-pane windows, the potential is even greater. West Pittston homeowners could expect an estimated home value increase of between $1348.69 for mid-tier homes and $1793.76 for the top tier. Compare this to between $1470 and $1955.1 in Philadelphia.
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Another way to look at it, a window upgrade in West Pittston can add anywhere from 0.48% percent and 1.55 % percent to the sale price 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 initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a West Pittston homeowner is relatively clear.
The variation between the range for West Pittston and Philadelphia, which for reference, would yield a potential premium range of 0.5% percent and 0.67% percent respectively, is derived from a number of factors, particularly; the -0.38% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Scranton–Wilkes-Barre–Hazleton region, and energy price differences between West Pittston and Philadelphia.
The data presented is based on EnergyStar, the NREL,Department of Energy and meticulous research performed by the National Association of Homebuilders. West Pittston home value data is provided by Zillow.
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Directions from West Pittston to our headquarters
