Rockleigh-New Jersey Savings

Improve your Rockleigh Home’s Asking Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows may add to 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to answer the question : What’s the return on energy savings if you put your house up for sale? This is what we found in Rockleigh:

Put differently, a window investment in Rockleigh can add between 0.19% percent and 1.4 % percent to the asking price of your home through the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Rockleigh homeowner is quite strong.

The variation between the range for Rockleigh and Atlantic City, which for reference, would yield a potential premium range of 0.1% percent and 0.15% percent respectively, may come from a number of factors, primarily; the 10.93% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the New York-Newark-Jersey City region, and heating & cooling price differences between Rockleigh and Atlantic City.

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

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