Guttenberg-New Jersey Savings

Increase your Guttenberg Home’s Value through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows can increase 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to uncover : What’s the return on investment on energy savings on the market? The following is what we uncovered in Guttenberg:

In other words, a window investment in Guttenberg can add between 0.18% percent and 0.92 % percent to the asking price of your home through the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Guttenberg homeowner is relatively strong.

The variation between the range for Guttenberg and Atlantic City, which for reference, would yield a potential premium range of 0.15% percent and 0.22% percent respectively, may come from a number of factors, particularly; 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 heating & cooling cost differences between Guttenberg and Atlantic City.

The data presented is derived from EnergyStar, the NREL,Department of Energy and meticulous research conducted by the NAHB. Guttenberg home value data is provided by Zillow.

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