North Haledon-New Jersey Savings

Improve your North Haledon Home’s Asking Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows could 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to uncover : What’s the return on investment on energy savings if you put your house up for sale? Below is what we estimated in North Haledon:

Put differently, a window upgrade in North Haledon can add between 0.17% percent and 0.89 % percent to the value of your home through 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 North Haledon homeowner is relatively strong.

The variation between the range for North Haledon and Atlantic City, which for reference, would yield a potential premium range of 0.14% percent and 0.2% percent respectively, can be estimated from a number of factors, principally; the 2.83% 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 price differences between North Haledon and Atlantic City.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and professional research conducted by the NAHB. North Haledon home value data is provided by Zillow.

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