Lawrenceville-New Jersey Savings

Build your Lawrenceville Home’s Value through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows can 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 figure out : What’s the return on investment on energy savings when it comes time to sell? Below is what we discovered in Lawrenceville:

Another way to look at it, a window investment in Lawrenceville can add anywhere from 0.25% percent and 1.17 % percent to the value of your home by way of 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 Lawrenceville homeowner is quite strong.

The variation between the range for Lawrenceville and Atlantic City, which for reference, would yield a potential premium range of 0.23% percent and 0.33% percent respectively, can be estimated from a number of factors, particularly; the 1.32% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the Trenton region, and energy price differences between Lawrenceville and Atlantic City.

The data presented is based on EnergyStar, the NREL,Department of Energy and meticulous research performed by the NAHB. Lawrenceville home value data is provided by Zillow.

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