Allentown-New Jersey Savings

Build your Allentown Home’s Value through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows could 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to answer the question : What’s the return on investment on energy savings if you sell your home? The following is what we found in Allentown:

In other words, a window investment in Allentown can add anywhere from 0.22% percent and 1.04 % percent to the value of your home through 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 Allentown homeowner is relatively strong.

The variation between the range for Allentown and Atlantic City, which for reference, would yield a potential premium range of 0.19% percent and 0.27% percent respectively, can be estimated from a number of factors, notably; the 1.82% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the New York-Newark-Jersey City region, and heating & cooling price differences between Allentown and Atlantic City.

The data presented is derived from EnergyStar, the NREL,Department of Energy and professional research done by the NAHB. Allentown home value data is provided by Zillow.

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