Raritan-New Jersey Savings

Improve your Raritan Home’s Value through Energy Savings

[lme-module module=”market-stats” city=”Raritan” state=”NJ”]

Upgrading your windows to EnergyStar rated National Vinyl windows could 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to determine : What’s the return on energy savings when it comes time to sell? The following is what we estimated in Raritan:

Put differently, a window upgrade in Raritan can add anywhere from 0.2% percent and 1 % percent to the sale price of your home through the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Raritan homeowner is quite clear.

The variation between the range for Raritan and Atlantic City, which for reference, would yield a potential premium range of 0.17% percent and 0.25% percent respectively, can be estimated from a number of factors, principally; the 2.05% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the New York-Newark-Jersey City region, and energy cost differences between Raritan and Atlantic City.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and incredible research executed by the NAHB. Raritan home value data is provided by Zillow.

[lme-module module=”market-activity” city=”Raritan” state=”NJ”]

Directions from Raritan to our headquarters