Wyncote-Pennsylvania Savings

Improve your Wyncote Home’s Value through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may 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 estimate : What’s the premium for energy savings if you put your house up for sale? This is what we found in Wyncote:

In other words, a window investment in Wyncote can add anywhere from 0.24% percent and 0.96 % 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 upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Wyncote homeowner is quite clear.

The variation between the range for Wyncote and Philadelphia, which for reference, would yield a potential premium range of 0.23% percent and 0.33% percent respectively, may come from a number of factors, particularly; the 0.66% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the Philadelphia-Camden-Wilmington region, and energy cost differences between Wyncote and Philadelphia.

The data presented is derived from EnergyStar, the NREL,Department of Energy and meticulous research conducted by the National Association of Homebuilders. Wyncote home value data is provided by Zillow.

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