Madison-New Jersey Savings

Increase your Madison Home’s Asking Price through Energy Savings

[lme-module module=”market-stats” city=”Madison” state=”NJ”]

Upgrading your windows to EnergyStar rated National Vinyl windows can add to the value 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 answer the question : What’s the return on energy savings if you put your house up for sale? Here is what we uncovered in Madison:

In other words, a window investment in Madison can add between 0.22% percent and 1.23 % percent to the value 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 worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Madison homeowner is quite strong.

The variation between the range for Madison and Atlantic City, which for reference, would yield a potential premium range of 0.15% percent and 0.21% percent respectively, can be estimated from a number of factors, especially; the 4.99% 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 energy cost differences between Madison and Atlantic City.

The data presented is derived from EnergyStar, the NREL,Department of Energy and extensive research done by the National Association of Homebuilders. Madison home value data is provided by Zillow.

[lme-module module=”market-activity” city=”Madison” state=”NJ”]

Directions from Madison to our headquarters