New Brunswick-New Jersey Savings

Build your New Brunswick Home’s Asking Price through Energy Savings

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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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to figure out : What’s the premium for energy savings if you sell your home? Here is what we estimated in New Brunswick:

In other words, a window investment in New Brunswick can add anywhere from 0.24% percent and 1.12 % percent to the asking price of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a New Brunswick homeowner is quite strong.

The variation between the range for New Brunswick and Atlantic City, which for reference, would yield a potential premium range of 0.21% percent and 0.31% percent respectively, may come from a number of factors, in particular; the 1.47% 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 New Brunswick and Atlantic City.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and incredible research done by the NAHB. New Brunswick home value data is provided by Zillow.

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