Williston Park-New York Savings

Grow your Williston Park Home’s Value through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows may 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 evaluate : What’s the ROI on energy savings on the market? Below is what we found in Williston Park:

In other words, a window upgrade in Williston Park can add between 0.42% percent and 2.21 % percent to the value 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 Williston Park homeowner is relatively clear.

The variation between the range for Williston Park and Buffalo, which for reference, would yield a potential premium range of 0.29% percent and 0.4% percent respectively, is derived from a number of factors, principally; the 5.05% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the New York-Newark-Jersey City region, and heating & cooling price differences between Williston Park and Buffalo.

The data presented is based on EnergyStar, the NREL,Department of Energy and professional research performed by the NAHB. Williston Park home value data is provided by Zillow.

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