Savings Category: Replacement Window Savings

Description

Value You Can Measure

Dunellen residents have plenty strong reasons to upgrade their windows. Upgrading damaged windows, refining the aesthetics of your home etc… Other such features should be counted quite exactly.

For starters, windows conserve about 72.3 percent of their initial purchase value in New England according to the Remodeling 2020 Cost vs. Value Report. This puts windows among the top 5 home improvement investments in terms of value retention.

In terms of energy savings, people living in Dunellen, are likely to see impressive reductions on annual costs for energy. If you already have dual pane windows you could save approximately $114.77 compared to $100 in Atlantic City. By comparison, when upgrading single-pane windows to National Vinyl’s EnergyStar rated windows you could save about $372.92 per year, compared to $274 in Atlantic City.

Improve your Dunellen Home’s Value through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could 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 ascertain : What’s the return on energy savings when it comes time to sell? The following is what we uncovered in Dunellen:

Basic Dual-Pane to National Vinyl

If you already have dual-pane windows (non-EnergyStar rated), in Dunellen, your home value could increase by between $688.62 and $1007.67 for a mid-tier or top-tier Dunellen home respectively. For comparison, the same upgrade in Atlantic City could add somewhere between $600 and $878.

Single-Pane to National Vinyl

When upgrading from low-efficiency single-pane windows, the potential is even greater. Dunellen homeowners may see an estimated home value gain of between $2237.53 for mid-tier homes and $3274.25 for the top tier. Compare this to between $1644 and $2405.72 in Atlantic City.

In other words, a window investment in Dunellen can add between 0.23% percent and 1.08 % percent to the asking 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 upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Dunellen homeowner is quite clear.

The variation between the range for Dunellen and Atlantic City, which for reference, would yield a potential premium range of 0.2% percent and 0.29% percent respectively, can be estimated from a number of factors, especially; the 1.64% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the New York-Newark-Jersey City region, and heating & cooling cost differences between Dunellen and Atlantic City.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and professional research performed by the NAHB. Dunellen home value data is provided by Zillow.

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Energy Savings & ROI: Dunellen vs the rest of New Jersey

Find out how investing in new windows in Dunellen compares to other nearby New Jersey cities.