Savings Category: Replacement Window Savings

Description

Value You Can Measure

Middlesex property owners have plenty valid reasons to replace their windows. Fixing broken windows, improving the design of your home etc… Some such benefits may be calculated rather precisely.

Firstly, windows conserve about 72.3 percent of their initial purchase value in New England according to the Remodeling 2020 Cost vs. Value Report. This puts windows among the top 5 home improvement investments in terms of value retention.

With regards to energy savings, homeowners in Middlesex, may notice dramatic decreases on daily costs for electricity. If you already have dual pane windows you could save approximately $115.67 compared to $100 in Atlantic City. Whereas, when replacing single-pane windows to National Vinyl’s EnergyStar rated windows you could save approximately $378.93 annually, compared to $274 in Atlantic City.

Improve your Middlesex Home’s Resale Price through Energy Savings

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Switching 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 find out : What’s the return on energy savings if you put your house up for sale? The following is what we found in Middlesex:

Basic Dual-Pane to National Vinyl

If you already have dual-pane windows (non-EnergyStar rated), in Middlesex, your home value could increase by around $694 and $1015.56 for a mid-tier or top-tier Middlesex home respectively. Compare this to, the same upgrade in Atlantic City could add somewhere between $600 and $878.

Single-Pane to National Vinyl

When upgrading from low-efficiency single-pane windows, the potential is even greater. Middlesex homeowners could yield an estimated home value gain of between $2273.6 for mid-tier homes and $3327.04 for the top tier. Compare this to between $1644 and $2405.72 in Atlantic City.

Another way to look at it, a window upgrade in Middlesex can add anywhere from 0.22% percent and 1.06 % 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 upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Middlesex homeowner is quite clear.

The variation between the range for Middlesex and Atlantic City, which for reference, would yield a potential premium range of 0.19% percent and 0.28% percent respectively, is derived from a number of factors, notably; the 1.74% 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 Middlesex and Atlantic City.

The data presented is based on EnergyStar, the NREL,Department of Energy and incredible research conducted by the NAHB. Middlesex home value data is provided by Zillow.

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Energy Savings & ROI: Middlesex vs the rest of New Jersey

Find out how investing in new windows in Middlesex compares to other nearby New Jersey cities.