Dover-New Jersey Savings

Build your Dover Home’s Resale Price through Energy Savings

[lme-module module=”market-stats” city=”Dover” state=”NJ”]

Upgrading your windows to EnergyStar rated National Vinyl windows could increase 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 answer the question : What’s the premium for energy savings when it comes time to sell? This is what we uncovered in Dover:

In other words, a window investment in Dover can add anywhere from 0.24% percent and 1.14 % 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 Dover homeowner is relatively clear.

The variation between the range for Dover and Atlantic City, which for reference, would yield a potential premium range of 0.22% percent and 0.32% percent respectively, can be estimated from a number of factors, primarily; the 1.42% 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 price differences between Dover and Atlantic City.

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

[lme-module module=”market-activity” city=”Dover” state=”NJ”]

Directions from Dover to our headquarters