Harrison-New Jersey Savings

Increase your Harrison Home’s Value through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows could increase 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 uncover : What’s the return on energy savings if you put your house up for sale? The following is what we found in Harrison:

Another way to look at it, a window investment in Harrison can add between 0.17% percent and 0.9 % percent to the sale price 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 Harrison homeowner is relatively clear.

The variation between the range for Harrison and Atlantic City, which for reference, would yield a potential premium range of 0.14% percent and 0.21% percent respectively, can be estimated from a number of factors, especially; the 2.74% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the New York-Newark-Jersey City region, and energy price differences between Harrison and Atlantic City.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and incredible research done by the NAHB. Harrison home value data is provided by Zillow.

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