Mountainside-New Jersey Savings

Build your Mountainside Home’s Asking Price through Energy Savings

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Replacing 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 find out : What’s the return on energy savings when selling the house? What follows is what we uncovered in Mountainside:

In other words, a window upgrade in Mountainside can add between 0.24% percent and 1.29 % percent to the sale price of your home via 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 Mountainside homeowner is relatively clear.

The variation between the range for Mountainside and Atlantic City, which for reference, would yield a potential premium range of 0.17% percent and 0.24% percent respectively, may come from a number of factors, notably; the 4.29% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the New York-Newark-Jersey City region, and energy cost differences between Mountainside and Atlantic City.

The data presented is based on EnergyStar, the NREL,Department of Energy and professional research done by the NAHB. Mountainside home value data is provided by Zillow.

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