Allendale-New Jersey Savings

Grow your Allendale Home’s Asking Price 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to find out : What’s the premium for energy savings when it comes time to sell? Below is what we estimated in Allendale:

Another way to look at it, a window investment in Allendale can add anywhere from 0.23% percent and 1.26 % percent to the sale price of your home via the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Allendale homeowner is relatively strong.

The variation between the range for Allendale and Atlantic City, which for reference, would yield a potential premium range of 0.16% percent and 0.23% percent respectively, is derived from a number of factors, principally; the 4.66% 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 cost differences between Allendale and Atlantic City.

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

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