Englewood-New Jersey Savings

Build your Englewood Home’s Asking Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows could add to the sale 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 determine : What’s the return on energy savings on the market? This is what we found in Englewood:

In other words, a window investment in Englewood can add anywhere from 0.18% percent and 0.92 % percent to the asking price of your home via the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Englewood homeowner is relatively clear.

The variation between the range for Englewood and Atlantic City, which for reference, would yield a potential premium range of 0.15% percent and 0.22% percent respectively, can be estimated from a number of factors, notably; the 2.54% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the New York-Newark-Jersey City region, and energy cost differences between Englewood and Atlantic City.

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

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