Cliffside Park-New Jersey Savings

Grow your Cliffside Park Home’s Value through Energy Savings

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Replacing 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 answer the question : What’s the return on energy savings when selling the house? What follows is what we discovered in Cliffside Park:

In other words, a window upgrade in Cliffside Park can add between 0.27% percent and 1.39 % percent to the sale price of your home by way of 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 Cliffside Park homeowner is quite strong.

The variation between the range for Cliffside Park and Atlantic City, which for reference, would yield a potential premium range of 0.21% percent and 0.29% percent respectively, can be estimated from a number of factors, principally; the 3.47% 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 Cliffside Park and Atlantic City.

The data presented is based on EnergyStar, the NREL,Department of Energy and meticulous research executed by the NAHB. Cliffside Park home value data is provided by Zillow.

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