Old Bridge-New Jersey Savings

Improve your Old Bridge Home’s Resale Price through Energy Savings

[lme-module module=”market-stats” city=”Old Bridge” state=”NJ”]

Switching your windows to EnergyStar rated National Vinyl windows could add to 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 find out : What’s the return on energy savings if you put your house up for sale? This is what we found in Old Bridge:

In other words, a window upgrade in Old Bridge can add anywhere from 0.2% percent and 0.99 % percent to the value of your home by way of 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 Old Bridge homeowner is quite clear.

The variation between the range for Old Bridge and Atlantic City, which for reference, would yield a potential premium range of 0.17% percent and 0.25% percent respectively, is derived from a number of factors, especially; the 2.08% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the New York-Newark-Jersey City region, and heating & cooling price differences between Old Bridge and Atlantic City.

The data presented is derived from EnergyStar, the NREL,Department of Energy and incredible research performed by the National Association of Homebuilders. Old Bridge home value data is provided by Zillow.

[lme-module module=”market-activity” city=”Old Bridge” state=”NJ”]

Directions from Old Bridge to our headquarters