Hackensack-New Jersey Savings

Increase your Hackensack Home’s Value through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows could 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 energy savings when it comes time to sell? This is what we found in Hackensack:

In other words, a window upgrade in Hackensack can add between 0.21% percent and 1.03 % percent to the sale price 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 Hackensack homeowner is quite clear.

The variation between the range for Hackensack and Atlantic City, which for reference, would yield a potential premium range of 0.18% percent and 0.27% percent respectively, can be estimated from a number of factors, principally; the 1.86% 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 Hackensack and Atlantic City.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and incredible research conducted by the National Association of Homebuilders. Hackensack home value data is provided by Zillow.

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