West Pittston-Pennsylvania Savings

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:

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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