Clifton-New Jersey Savings

Improve your Clifton Home’s Resale Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows could add to 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 ROI on energy savings when it comes time to sell? Below is what we uncovered in Clifton:

Another way to look at it, a window upgrade in Clifton can add between 0.19% percent and 0.96 % 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 Clifton homeowner is quite clear.

The variation between the range for Clifton and Atlantic City, which for reference, would yield a potential premium range of 0.16% percent and 0.23% percent respectively, can be estimated from a number of factors, especially; the 2.26% 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 Clifton and Atlantic City.

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

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