Monmouth Beach-New Jersey Savings

Build your Monmouth Beach Home’s Resale Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows may increase 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 evaluate : What’s the ROI on energy savings on the market? What follows is what we found in Monmouth Beach:

In other words, a window investment in Monmouth Beach can add between 0.21% percent and 1.18 % percent to the asking price of your home via 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 Monmouth Beach homeowner is quite clear.

The variation between the range for Monmouth Beach and Atlantic City, which for reference, would yield a potential premium range of 0.14% percent and 0.19% percent respectively, is dependent on a number of factors, principally; the 5.73% percent difference in median home prices, a buyers’ propensity 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 Monmouth Beach and Atlantic City.

The data presented is derived from EnergyStar, the NREL,Department of Energy and incredible research conducted by the National Association of Homebuilders. Monmouth Beach home value data is provided by Zillow.

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