Eatontown-New Jersey Savings

Grow your Eatontown Home’s Asking Price through Energy Savings

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Replacing 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to find out : What’s the return on investment on energy savings if you put your house up for sale? Below is what we found in Eatontown:

Put differently, a window upgrade in Eatontown can add anywhere from 0.2% percent and 0.98 % percent to the value 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 Eatontown homeowner is relatively clear.

The variation between the range for Eatontown and Atlantic City, which for reference, would yield a potential premium range of 0.17% percent and 0.24% percent respectively, may come from a number of factors, notably; the 2.16% 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 Eatontown and Atlantic City.

The data presented is based on EnergyStar, the NREL,Department of Energy and incredible research executed by the National Association of Homebuilders. Eatontown home value data is provided by Zillow.

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