Westhampton-New York Savings

Grow your Westhampton Home’s Value through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows may increase the sale 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 return on investment on energy savings if you sell your home? This is what we uncovered in Westhampton:

Another way to look at it, a window investment in Westhampton can add between 0.34% percent and 1.96 % percent to the value 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 Westhampton homeowner is quite clear.

The variation between the range for Westhampton and Buffalo, which for reference, would yield a potential premium range of 0.2% percent and 0.28% percent respectively, is dependent on a number of factors, particularly; the 7.72% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the New York-Newark-Jersey City region, and heating & cooling cost differences between Westhampton and Buffalo.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and professional research conducted by the National Association of Homebuilders. Westhampton home value data is provided by Zillow.

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