Highland Park-New Jersey Savings

Increase your Highland Park Home’s Resale Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows can add to 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 figure out : What’s the return on energy savings on the market? Below is what we found in Highland Park:

In other words, a window investment in Highland Park can add anywhere from 0.21% percent and 1.01 % percent to the sale price of your home via the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Highland Park homeowner is quite clear.

The variation between the range for Highland Park and Atlantic City, which for reference, would yield a potential premium range of 0.18% percent and 0.26% percent respectively, can be estimated from a number of factors, principally; the 1.99% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the New York-Newark-Jersey City region, and heating & cooling cost differences between Highland Park and Atlantic City.

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

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