Woodstock-New York Savings

Grow your Woodstock Home’s Value through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could add to 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 ascertain : What’s the return on energy savings when it comes time to sell? The following is what we found in Woodstock:

Another way to look at it, a window investment in Woodstock can add between 0.34% percent and 1.64 % 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 worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Woodstock homeowner is quite clear.

The variation between the range for Woodstock and Buffalo, which for reference, would yield a potential premium range of 0.27% percent and 0.4% percent respectively, is derived from a number of factors, primarily; the 2.67% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the Kingston region, and heating & cooling price differences between Woodstock and Buffalo.

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

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