Description
Value You Can Measure
Rocky Hill homeowners have countless great reasons to upgrade their windows. Replacing old windows, revamping the style of your home etc… Certain such benefits should be measured quite accurately.
Firstly, windows preserve about 72.3 percent of their initial purchase value in New England according to the Remodeling 2020 Cost vs. Value Report. This sets windows among the top 5 home improvement investments in terms of value retention.
With regards to energy savings, homes in Rocky Hill, could experience large reductions on daily spending for heating & cooling. If you already have dual pane windows you may save about $129.22 compared to $100 in Atlantic City. In contrast, when replacing single-pane windows to National Vinyl’s EnergyStar rated windows you could save about $469.7 every year, compared to $274 in Atlantic City.
Grow your Rocky Hill Home’s Asking Price through Energy Savings
[lme-module module=”market-stats” city=”Rocky Hill” state=”NJ”]
Replacing your windows to EnergyStar rated National Vinyl windows could 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.
In addition, many buyers are willing to pay a premium for energy savings. Here we try to estimate : What’s the return on investment on energy savings if you sell your home? What follows is what we estimated in Rocky Hill:
Basic Dual-Pane to National Vinyl
If you already have dual-pane windows (non-EnergyStar rated), in Rocky Hill, your home value could increase by between $775.31 and $1134.53 for a mid-tier or top-tier Rocky Hill home respectively. For comparison, the same replacement in Atlantic City could add somewhere between $600 and $878.
Single-Pane to National Vinyl
When upgrading from low-efficiency single-pane windows, the potential is even greater. Rocky Hill homeowners could yield an estimated home value gain of between $2818.17 for mid-tier homes and $4123.92 for the top tier. Compare this to between $1644 and $2405.72 in Atlantic City.
In other words, a window upgrade in Rocky Hill can add anywhere from 0.16% percent and 0.85 % percent to the asking price of your home by way of 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 Rocky Hill homeowner is quite clear.
The variation between the range for Rocky Hill and Atlantic City, which for reference, would yield a potential premium range of 0.12% percent and 0.18% percent respectively, may come from a number of factors, especially; the 3.25% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the New York-Newark-Jersey City region, and energy price differences between Rocky Hill and Atlantic City.
The data presented is based on EnergyStar, the NREL,Department of Energy and professional research done by the NAHB. Rocky Hill home value data is provided by Zillow.
Data Sources & Disclaimers
Sources:
https://www.bls.gov/regions/
https://www.eia.gov/consumption/residential/data/2015/index.php?view=consumption
https://www.energy.gov/energysaver/design/windows-doors-and-skylights/update-or-replace-windows
https://www.eia.gov/consumption/residential/data/2015/index.php?view=consumption#by%20end%20uses
https://openei.org/wiki/NSTAR_Electric_Company
https://www.aceee.org/press/2018/10/aceee-2018-state-energy-efficiency
https://www.builderbooks.com/what-home-buyers-really-want–2019-edition-products-9780867187724.php?page_id=32&pid=NAH
http://eyeonhousing.org/2019/04/how-much-are-buyers-willing-to-pay-for-energy-efficiency/
https://www.builderbooks.com/what-home-buyers-really-want–2019-edition-products-9780867187731.php
https://www.remodeling.hw.net/cost-vs-value/2020/new-england/
Disclaimer: The information on our website is general in nature and is not intended as a substitute for competent legal, financial or engineering advice.
Although National Vinyl is a Member of the National Homebuilders association and TrustGard windows are the recipient of EnergyStar’s “Most Efficient”,
we wish to state clearly and unequivocally: the information provided does not consitute an endorsement by or from any third party. We make no representation as to the accuracy of the information entered by third parties.We, our directors or shareholders disclaim any liability for any damages or loss arising from your use thereof.
[lme-module module=”market-activity” city=”Rocky Hill” state=”NJ”]
Directions from Rocky Hill to our headquarters
Window Installers Near Rocky Hill:
State Licensed
Background Checked
Verified Reviews
Liability Insurance
Top Installers Near Rocky Hill
More Installers Near Rocky Hill
Search for Rocky Hill Window Installers
Looking For A Price Quote? Get One Now!
Use our configurator for an instant online estimate and schedule a free in-home consultation.
1
Request a Quote
2
In-Home Consult (FREE)
3
Windows Installed
Lumberyards Near Rocky Hill
Top Lumberyards Near Rocky Hill
More Lumberyards Near Rocky Hill
Need windows fast?
Buy from a TrustGard N.O.W. Lumberyard!
The N.O.W. program delivers Rocky Hill inventory windows within 7 days, including application of standard extension jambs and mulling. TrustGard N.O.W. provides among the fastest turnaround times in New Jersey, affording you the flexibility and responsiveness you need.
Energy Savings & ROI: Rocky Hill vs the rest of New Jersey
Find out how investing in new windows in Rocky Hill compares to other nearby New Jersey cities.