Roselle Park-New Jersey Savings

Build your Roselle Park Home’s Resale Price through Energy Savings

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Upgrading 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 ascertain : What’s the return on investment on energy savings when it comes time to sell? This is what we found in Roselle Park:

Another way to look at it, a window upgrade in Roselle Park can add between 0.21% percent and 1.04 % percent to the value 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 Roselle Park homeowner is quite clear.

The variation between the range for Roselle Park and Atlantic City, which for reference, would yield a potential premium range of 0.18% percent and 0.27% percent respectively, may come from a number of factors, primarily; the 1.85% 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 energy cost differences between Roselle Park and Atlantic City.

The data presented is derived from EnergyStar, the NREL,Department of Energy and meticulous research performed by the NAHB. Roselle Park home value data is provided by Zillow.

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