White Plains-New York Savings

Grow your White Plains Home’s Asking Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows can increase 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 find out : What’s the ROI on energy savings when selling the house? The following is what we discovered in White Plains:

In other words, a window upgrade in White Plains can add between 0.44% percent and 2.28 % percent to the asking price of your home through 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 White Plains homeowner is relatively strong.

The variation between the range for White Plains and Buffalo, which for reference, would yield a potential premium range of 0.31% percent and 0.43% percent respectively, is dependent on a number of factors, especially; the 4.62% 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 cost differences between White Plains and Buffalo.

The data presented is based on EnergyStar, the NREL,Department of Energy and meticulous research done by the NAHB. White Plains home value data is provided by Zillow.

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