Savings Category: Replacement Window Savings

Description

Value You Can Measure

Freehold property owners have countless strong reasons to change their windows. Replacing damaged windows, revamping the style of your home etc… Many such features should be counted relatively explicitly.

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

As for energy savings, people living in Freehold, can expect to see impressive savings on monthly spending for electricity. If you already have dual pane windows you may save around $120.74 compared to $100 in Atlantic City. By comparison, when replacing single-pane windows to National Vinyl’s EnergyStar rated windows you could save about $412.94 annually, compared to $274 in Atlantic City.

Improve your Freehold Home’s Resale Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows could 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to determine : What’s the ROI on energy savings if you sell your home? The following is what we uncovered in Freehold:

Basic Dual-Pane to National Vinyl

If you already have dual-pane windows (non-EnergyStar rated), in Freehold, your home value could increase by between $724.47 and $1060.13 for a mid-tier or top-tier Freehold home respectively. For comparison, the same replacement in Atlantic City could yield somewhere between $600 and $878.

Single-Pane to National Vinyl

When upgrading from low-efficiency single-pane windows, the potential is even greater. Freehold homeowners may yield an estimated home value increase of between $2477.64 for mid-tier homes and $3625.61 for the top tier. Compare this to between $1644 and $2405.72 in Atlantic City.

In other words, a window upgrade in Freehold can add anywhere from 0.19% percent and 0.96 % percent to the value of your home via the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Freehold homeowner is relatively clear.

The variation between the range for Freehold and Atlantic City, which for reference, would yield a potential premium range of 0.16% percent and 0.23% percent respectively, may come from a number of factors, particularly; the 2.3% 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 price differences between Freehold and Atlantic City.

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

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Buy from a TrustGard N.O.W. Lumberyard!

The N.O.W. program delivers Freehold inventory windows within 7 days, including application of standard extension jambs and mulling. TrustGard N.O.W. provides among the fastest turnaround times in New Jersey, affording you the flexibility and responsiveness you need.

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

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