Phillipsburg-New Jersey Savings

Grow your Phillipsburg Home’s Asking Price through Energy Savings

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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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to evaluate : What’s the premium for energy savings when selling the house? This is what we uncovered in Phillipsburg:

Put differently, a window upgrade in Phillipsburg can add between 0.37% percent and 1.58 % percent to the asking price of your home via 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 Phillipsburg homeowner is relatively strong.

The variation between the range for Phillipsburg and Atlantic City, which for reference, would yield a potential premium range of 0.36% percent and 0.52% percent respectively, may come from a number of factors, primarily; the 0.47% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the Allentown-Bethlehem-Easton region, and heating & cooling cost differences between Phillipsburg and Atlantic City.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and meticulous research done by the National Association of Homebuilders. Phillipsburg home value data is provided by Zillow.

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