Windsor-New York Savings

Increase your Windsor Home’s Asking Price through Energy Savings

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Replacing 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 return on energy savings if you put your house up for sale? What follows is what we estimated in Windsor:

In other words, a window investment in Windsor can add between 0.67% percent and 2.4 % percent to the value 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 Windsor homeowner is relatively clear.

The variation between the range for Windsor and Buffalo, which for reference, would yield a potential premium range of 0.66% percent and 0.87% percent respectively, is dependent on a number of factors, primarily; the 0.26% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Binghamton region, and energy cost differences between Windsor and Buffalo.

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

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