Edgewater-New Jersey Savings

Grow your Edgewater Home’s Asking Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows may add to 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 figure out : What’s the ROI on energy savings when selling the house? Here is what we found in Edgewater:

Another way to look at it, a window upgrade in Edgewater can add anywhere from 0.26% percent and 1.35 % 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 Edgewater homeowner is quite clear.

The variation between the range for Edgewater and Atlantic City, which for reference, would yield a potential premium range of 0.19% percent and 0.27% percent respectively, is dependent on a number of factors, in particular; the 3.75% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the New York-Newark-Jersey City region, and energy price differences between Edgewater and Atlantic City.

The data presented is based on EnergyStar, the NREL,Department of Energy and extensive research done by the NAHB. Edgewater home value data is provided by Zillow.

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