Caldwell-New Jersey Savings

Build your Caldwell 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to answer the question : What’s the premium for energy savings when it comes time to sell? Below is what we estimated in Caldwell:

In other words, a window upgrade in Caldwell can add anywhere from 0.16% percent and 0.85 % percent to the asking price of your home through the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Caldwell homeowner is relatively clear.

The variation between the range for Caldwell and Atlantic City, which for reference, would yield a potential premium range of 0.12% percent and 0.18% percent respectively, is derived from a number of factors, especially; the 3.24% 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 energy cost differences between Caldwell and Atlantic City.

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

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