Description
Value You Can Measure
New Egypt residents have a variety strong reasons to replace their windows. Updating broken windows, improving the decor of your home etc… Many such values can be measured rather exactly.
For starters, windows maintain about 72.3 percent of their initial purchase value in New England according to the Remodeling 2020 Cost vs. Value Report. This places windows among the top 5 home improvement investments in terms of value retention.
In terms of energy savings, people living in New Egypt, can expect to have dramatic declines on annual expenditures for home energy. If you already have dual pane windows you may save about $116.27 compared to $100 in Atlantic City. By comparison, when replacing single-pane windows to National Vinyl’s EnergyStar rated windows you could save approximately $382.97 per year, compared to $274 in Atlantic City.
Increase your New Egypt Home’s Value through Energy Savings
[lme-module module=”market-stats” city=”New Egypt” state=”NJ”]
Replacing your windows to EnergyStar rated National Vinyl windows may 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 answer the question : What’s the return on investment on energy savings if you sell your home? Here is what we discovered in New Egypt:
Basic Dual-Pane to National Vinyl
If you already have dual-pane windows (non-EnergyStar rated), in New Egypt, your home value could increase by around $697.62 and $1020.85 for a mid-tier or top-tier New Egypt 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. New Egypt homeowners could expect an estimated home value increase of between $2297.83 for mid-tier homes and $3362.49 for the top tier. Compare this to between $1644 and $2405.72 in Atlantic City.
Put differently, a window investment in New Egypt can add between 0.22% percent and 1.04 % percent to the value 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 upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a New Egypt homeowner is quite clear.
The variation between the range for New Egypt and Atlantic City, which for reference, would yield a potential premium range of 0.19% percent and 0.27% percent respectively, can be estimated from a number of factors, notably; the 1.81% 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 heating & cooling cost differences between New Egypt and Atlantic City.
The data presented is derived from EnergyStar, the NREL,Department of Energy and incredible research conducted by the NAHB. New Egypt home value data is provided by Zillow.
Data Sources & Disclaimers
Sources:
https://www.bls.gov/regions/
https://www.eia.gov/consumption/residential/data/2015/index.php?view=consumption
https://www.energy.gov/energysaver/design/windows-doors-and-skylights/update-or-replace-windows
https://www.eia.gov/consumption/residential/data/2015/index.php?view=consumption#by%20end%20uses
https://openei.org/wiki/NSTAR_Electric_Company
https://www.aceee.org/press/2018/10/aceee-2018-state-energy-efficiency
https://www.builderbooks.com/what-home-buyers-really-want–2019-edition-products-9780867187724.php?page_id=32&pid=NAH
http://eyeonhousing.org/2019/04/how-much-are-buyers-willing-to-pay-for-energy-efficiency/
https://www.builderbooks.com/what-home-buyers-really-want–2019-edition-products-9780867187731.php
https://www.remodeling.hw.net/cost-vs-value/2020/new-england/
Disclaimer: The information on our website is general in nature and is not intended as a substitute for competent legal, financial or engineering advice.
Although National Vinyl is a Member of the National Homebuilders association and TrustGard windows are the recipient of EnergyStar’s “Most Efficient”,
we wish to state clearly and unequivocally: the information provided does not consitute an endorsement by or from any third party. We make no representation as to the accuracy of the information entered by third parties.We, our directors or shareholders disclaim any liability for any damages or loss arising from your use thereof.
[lme-module module=”market-activity” city=”New Egypt” state=”NJ”]
Directions from New Egypt to our headquarters
Window Installers Near New Egypt:
State Licensed
Background Checked
Verified Reviews
Liability Insurance
Top Installers Near New Egypt
More Installers Near New Egypt
Search for New Egypt Window Installers
Looking For A Price Quote? Get One Now!
Use our configurator for an instant online estimate and schedule a free in-home consultation.
1
Request a Quote
2
In-Home Consult (FREE)
3
Windows Installed
Lumberyards Near New Egypt
Top Lumberyards Near New Egypt
More Lumberyards Near New Egypt
Need windows fast?
Buy from a TrustGard N.O.W. Lumberyard!
The N.O.W. program delivers New Egypt inventory windows within 7 days, including application of standard extension jambs and mulling. TrustGard N.O.W. provides among the fastest turnaround times in New Jersey, affording you the flexibility and responsiveness you need.
Energy Savings & ROI: New Egypt vs the rest of New Jersey
Find out how investing in new windows in New Egypt compares to other nearby New Jersey cities.