Bergenfield-New Jersey Savings

Improve your Bergenfield Home’s Asking Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows may increase the sale 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 ascertain : What’s the ROI on energy savings when it comes time to sell? This is what we found in Bergenfield:

In other words, a window investment in Bergenfield can add anywhere from 0.18% percent and 0.93 % 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 Bergenfield homeowner is quite strong.

The variation between the range for Bergenfield and Atlantic City, which for reference, would yield a potential premium range of 0.15% percent and 0.22% percent respectively, is derived from a number of factors, primarily; the 2.51% 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 Bergenfield and Atlantic City.

The data presented is based on EnergyStar, the NREL,Department of Energy and expert research performed by the NAHB. Bergenfield home value data is provided by Zillow.

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