Lakehurst-New Jersey Savings

Increase your Lakehurst Home’s Value through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to estimate : What’s the return on investment on energy savings when it comes time to sell? Here is what we discovered in Lakehurst:

Put differently, a window investment in Lakehurst can add anywhere from 0.35% percent and 1.51 % percent to the asking price of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Lakehurst homeowner is relatively strong.

The variation between the range for Lakehurst and Atlantic City, which for reference, would yield a potential premium range of 0.34% percent and 0.49% percent respectively, can be estimated from a number of factors, in particular; the 0.56% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the New York-Newark-Jersey City region, and energy price differences between Lakehurst and Atlantic City.

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

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