Belvidere-New Jersey Savings

Build your Belvidere Home’s Resale Price 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 find out : What’s the return on energy savings on the market? This is what we estimated in Belvidere:

Another way to look at it, a window investment in Belvidere can add anywhere from 0.28% percent and 1.26 % percent to the sale 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 Belvidere homeowner is quite clear.

The variation between the range for Belvidere and Atlantic City, which for reference, would yield a potential premium range of 0.26% percent and 0.37% percent respectively, may come from a number of factors, particularly; the 1.04% 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 Belvidere and Atlantic City.

The data presented is derived from EnergyStar, the NREL,Department of Energy and expert research done by the National Association of Homebuilders. Belvidere home value data is provided by Zillow.

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