Califon-New Jersey Savings

Improve your Califon Home’s Value through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows can add to 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to evaluate : What’s the ROI on energy savings on the market? What follows is what we uncovered in Califon:

Put differently, a window investment in Califon can add between 0.2% percent and 0.99 % percent to the sale 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 worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Califon homeowner is relatively strong.

The variation between the range for Califon and Atlantic City, which for reference, would yield a potential premium range of 0.17% percent and 0.25% percent respectively, may come from a number of factors, notably; the 2.12% 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 heating & cooling price differences between Califon and Atlantic City.

The data presented is based on EnergyStar, the NREL,Department of Energy and meticulous research conducted by the National Association of Homebuilders. Califon home value data is provided by Zillow.

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