Oxford-New Jersey Savings

Increase your Oxford Home’s Value through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows may increase 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.

In addition, 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 on the market? Below is what we estimated in Oxford:

In other words, a window investment in Oxford can add anywhere from 0.28% percent and 1.26 % percent to the value of your home via the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Oxford homeowner is relatively clear.

The variation between the range for Oxford and Atlantic City, which for reference, would yield a potential premium range of 0.26% percent and 0.37% percent respectively, is derived from a number of factors, principally; the 1.04% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the Allentown-Bethlehem-Easton region, and heating & cooling price differences between Oxford and Atlantic City.

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

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