East Newark-New Jersey Savings

Build your East Newark Home’s Value through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to find out : What’s the return on energy savings if you sell your home? The following is what we estimated in East Newark:

In other words, a window investment in East Newark can add anywhere from 0.16% percent and 0.87 % percent to the sale price of your home through the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a East Newark homeowner is relatively strong.

The variation between the range for East Newark and Atlantic City, which for reference, would yield a potential premium range of 0.13% percent and 0.19% percent respectively, may come from a number of factors, especially; the 3.05% 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 cost differences between East Newark and Atlantic City.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and incredible research done by the National Association of Homebuilders. East Newark home value data is provided by Zillow.

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