Westhampton Beach-New York Savings

Build your Westhampton Beach Home’s Asking Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows can 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to estimate : What’s the ROI on energy savings if you sell your home? What follows is what we uncovered in Westhampton Beach:

In other words, a window investment in Westhampton Beach can add anywhere from 0.36% percent and 2.54 % percent to the sale price of your home through 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 Westhampton Beach homeowner is quite strong.

The variation between the range for Westhampton Beach and Buffalo, which for reference, would yield a potential premium range of 0.18% percent and 0.29% percent respectively, is derived from a number of factors, especially; the 10.71% 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 energy price differences between Westhampton Beach and Buffalo.

The data presented is derived from EnergyStar, the NREL,Department of Energy and professional research conducted by the NAHB. Westhampton Beach home value data is provided by Zillow.

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