Alpha-New Jersey Savings

Build your Alpha Home’s Asking Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows may add to the value 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 investment on energy savings when it comes time to sell? What follows is what we found in Alpha:

In other words, a window upgrade in Alpha can add between 0.34% percent and 1.47 % percent to the asking price of your home via 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 Alpha homeowner is relatively strong.

The variation between the range for Alpha and Atlantic City, which for reference, would yield a potential premium range of 0.32% percent and 0.47% percent respectively, can be estimated from a number of factors, especially; the 0.63% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the Allentown-Bethlehem-Easton region, and heating & cooling price differences between Alpha and Atlantic City.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and expert research performed by the NAHB. Alpha home value data is provided by Zillow.

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