Loch Arbour-New Jersey Savings

Increase your Loch Arbour Home’s Value through Energy Savings

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Upgrading 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 uncover : What’s the premium for energy savings if you put your house up for sale? This is what we found in Loch Arbour:

Put differently, a window investment in Loch Arbour can add between 0.19% percent and 1.4 % percent to the value of your home via the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Loch Arbour homeowner is relatively clear.

The variation between the range for Loch Arbour and Atlantic City, which for reference, would yield a potential premium range of 0.09% percent and 0.15% percent respectively, may come from a number of factors, particularly; the 11.18% 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 cost differences between Loch Arbour and Atlantic City.

The data presented is derived from EnergyStar, the NREL,Department of Energy and expert research performed by the NAHB. Loch Arbour home value data is provided by Zillow.

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