Harrington Park-New Jersey Savings

Grow your Harrington Park 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 ascertain : What’s the return on investment on energy savings when selling the house? Here is what we uncovered in Harrington Park:

Another way to look at it, a window upgrade in Harrington Park can add anywhere from 0.24% percent and 1.29 % percent to the value of your home by way of 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 Harrington Park homeowner is relatively strong.

The variation between the range for Harrington Park and Atlantic City, which for reference, would yield a potential premium range of 0.17% percent and 0.24% percent respectively, may come from a number of factors, especially; the 4.27% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the New York-Newark-Jersey City region, and heating & cooling price differences between Harrington Park and Atlantic City.

The data presented is derived from EnergyStar, the NREL,Department of Energy and expert research done by the National Association of Homebuilders. Harrington Park home value data is provided by Zillow.

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