Whitesboro-New York Savings

Increase your Whitesboro Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could add to 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 figure out : What’s the premium for energy savings on the market? This is what we estimated in Whitesboro:

Another way to look at it, a window upgrade in Whitesboro can add between 0.67% percent and 2.72 % 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 upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Whitesboro homeowner is relatively strong.

The variation between the range for Whitesboro and Buffalo, which for reference, would yield a potential premium range of 0.64% percent and 0.93% percent respectively, may come from a number of factors, primarily; the 0.56% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Utica-Rome region, and heating & cooling price differences between Whitesboro and Buffalo.

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

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