Medford Lakes-New Jersey Savings

Improve your Medford Lakes Home’s Asking Price through Energy Savings

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

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

Moreover, 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 if you put your house up for sale? Here is what we found in Medford Lakes:

In other words, a window investment in Medford Lakes can add between 0.23% percent and 1.08 % percent to the asking price of your home through 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 Medford Lakes homeowner is quite clear.

The variation between the range for Medford Lakes 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, in particular; the 1.66% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Philadelphia-Camden-Wilmington region, and energy cost differences between Medford Lakes and Atlantic City.

The data presented is based on EnergyStar, the NREL,Department of Energy and extensive research done by the National Association of Homebuilders. Medford Lakes home value data is provided by Zillow.

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

Directions from Medford Lakes to our headquarters