Princeton-New Jersey Savings

Build your Princeton Home’s Value 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 estimate : What’s the return on energy savings if you put your house up for sale? Here is what we estimated in Princeton:

Put differently, a window investment in Princeton can add between 0.21% percent and 1.18 % percent to the sale price of your home via the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Princeton homeowner is relatively clear.

The variation between the range for Princeton and Atlantic City, which for reference, would yield a potential premium range of 0.14% percent and 0.19% percent respectively, is derived from a number of factors, especially; the 5.75% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Trenton region, and energy price differences between Princeton and Atlantic City.

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

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