West Winfield-New York Savings

Grow your West Winfield Home’s Value through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows may add to the asking price 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 find out : What’s the ROI on energy savings if you put your house up for sale? What follows is what we estimated in West Winfield:

Another way to look at it, a window upgrade in West Winfield can add anywhere from 0.74% percent and 2.62 % percent to the asking price of your home via the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a West Winfield homeowner is quite strong.

The variation between the range for West Winfield and Buffalo, which for reference, would yield a potential premium range of 0.74% percent and 0.98% percent respectively, may come from a number of factors, in particular; the 0.13% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the Utica-Rome region, and energy price differences between West Winfield and Buffalo.

The data presented is derived from EnergyStar, the NREL,Department of Energy and incredible research executed by the National Association of Homebuilders. West Winfield home value data is provided by Zillow.

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