Savings Category: Replacement Window Savings

Description

Value You Can Measure

Beach Haven residents have a variety good reasons to replace their windows. Replacing leaky windows, renewing the decor of your home etc… Some such benefits should be calculated quite exactly.

Firstly, windows conserve about 72.3 percent of their initial purchase value in New England according to the Remodeling 2020 Cost vs. Value Report. This sets windows among the top 5 home improvement investments in terms of value retention.

In terms of energy savings, residents of Beach Haven, can expect to have considerable decreases on annual expenditures for home energy. If you already have dual pane windows you may save around $160.21 compared to $100 in Atlantic City. Whereas, when upgrading single-pane windows to National Vinyl’s EnergyStar rated windows you may save approximately $677.25 per year, compared to $274 in Atlantic City.

Build your Beach Haven Home’s Value through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows can increase 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 determine : What’s the ROI on energy savings if you sell your home? This is what we found in Beach Haven:

Basic Dual-Pane to National Vinyl

If you already have dual-pane windows (non-EnergyStar rated), in Beach Haven, your home value could increase by around $1691.78 and $2359.2 for a mid-tier or top-tier Beach Haven home respectively. For comparison, the same upgrade in Atlantic City may get you somewhere between $1056 and $1472.6.

Single-Pane to National Vinyl

When upgrading from low-efficiency single-pane windows, the potential is even greater. Beach Haven homeowners may yield an estimated home value gain of between $7151.77 for mid-tier homes and $9973.19 for the top tier. Compare this to between $2893.44 and $4034.92 in Atlantic City.

In other words, a window investment in Beach Haven can add between 0.19% percent and 1.13 % 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 initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Beach Haven homeowner is quite clear.

The variation between the range for Beach Haven and Atlantic City, which for reference, would yield a potential premium range of 0.12% percent and 0.17% percent respectively, may come from a number of factors, principally; the 6.69% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the New York-Newark-Jersey City region, and energy cost differences between Beach Haven and Atlantic City.

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

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Energy Savings & ROI: Beach Haven vs the rest of New Jersey

Find out how investing in new windows in Beach Haven compares to other nearby New Jersey cities.