Manahawkin-New Jersey Savings

Increase your Manahawkin Home’s Value through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows can increase 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to find out : What’s the premium for energy savings when it comes time to sell? Below is what we estimated in Manahawkin:

Another way to look at it, a window investment in Manahawkin can add anywhere from 0.23% percent and 1.08 % percent to the sale price of your home through the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Manahawkin homeowner is relatively clear.

The variation between the range for Manahawkin and Atlantic City, which for reference, would yield a potential premium range of 0.2% percent and 0.29% percent respectively, is dependent on a number of factors, especially; the 1.65% 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 heating & cooling price differences between Manahawkin and Atlantic City.

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

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