Ocean Gate-New Jersey Savings

Improve your Ocean Gate Home’s Resale Price through Energy Savings

[lme-module module=”market-stats” city=”Ocean Gate” state=”NJ”]

Switching your windows to EnergyStar rated National Vinyl windows can 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 return on investment on energy savings if you sell your home? Below is what we estimated in Ocean Gate:

Another way to look at it, a window upgrade in Ocean Gate can add anywhere from 0.31% percent and 1.36 % percent to the value of your home through the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Ocean Gate homeowner is relatively strong.

The variation between the range for Ocean Gate and Atlantic City, which for reference, would yield a potential premium range of 0.29% percent and 0.42% percent respectively, can be estimated from a number of factors, notably; the 0.83% 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 cost differences between Ocean Gate and Atlantic City.

The data presented is based on EnergyStar, the NREL,Department of Energy and incredible research executed by the NAHB. Ocean Gate home value data is provided by Zillow.

[lme-module module=”market-activity” city=”Ocean Gate” state=”NJ”]

Directions from Ocean Gate to our headquarters