Dayton-New Jersey Savings

Improve your Dayton Home’s Asking Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may add to the asking 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 estimate : What’s the premium for energy savings on the market? Here is what we estimated in Dayton:

Put differently, a window upgrade in Dayton can add anywhere from 0.19% percent and 0.97 % percent to the value of your home through 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 Dayton homeowner is quite strong.

The variation between the range for Dayton and Atlantic City, which for reference, would yield a potential premium range of 0.16% percent and 0.24% percent respectively, is derived from a number of factors, principally; the 2.24% 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 Dayton and Atlantic City.

The data presented is based on EnergyStar, the NREL,Department of Energy and professional research conducted by the NAHB. Dayton home value data is provided by Zillow.

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