Savings Category: Replacement Window Savings

Description

Value You Can Measure

Rossmoor homeowners have countless good reasons to upgrade their windows. Upgrading broken windows, renewing the look and feel of your home etc… Certain such features can be measured quite accurately.

First of all, windows retain about 72.3 percent of their initial purchase value in New England according to the Remodeling 2020 Cost vs. Value Report. This places windows among the top 5 home improvement investments in terms of value retention.

In terms of energy savings, households located in Rossmoor, will most probably see important drops on weekly expenditures for heating & cooling. If you already have dual pane windows you could save around $103.81 compared to $100 in Atlantic City. By comparison, when upgrading single-pane windows to National Vinyl’s EnergyStar rated windows you may save approximately $299.51 per year, compared to $274 in Atlantic City.

Grow your Rossmoor Home’s Asking Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows could 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 ascertain : What’s the premium for energy savings if you put your house up for sale? This is what we found in Rossmoor:

Basic Dual-Pane to National Vinyl

If you already have dual-pane windows (non-EnergyStar rated), in Rossmoor, your home value could increase by around $622.86 and $911.45 for a mid-tier or top-tier Rossmoor home respectively. Compare this to, the same upgrade in Atlantic City could yield somewhere between $600 and $878.

Single-Pane to National Vinyl

When upgrading from low-efficiency single-pane windows, the potential is even greater. Rossmoor homeowners may expect an estimated home value gain of between $1797.08 for mid-tier homes and $2629.73 for the top tier. Compare this to between $1644 and $2405.72 in Atlantic City.

In other words, a window investment in Rossmoor can add anywhere from 0.38% percent and 1.61 % 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 Rossmoor homeowner is quite clear.

The variation between the range for Rossmoor and Atlantic City, which for reference, would yield a potential premium range of 0.37% percent and 0.54% percent respectively, is dependent on a number of factors, notably; the 0.42% 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 price differences between Rossmoor and Atlantic City.

The data presented is derived from EnergyStar, the NREL,Department of Energy and expert research executed by the NAHB. Rossmoor home value data is provided by Zillow.

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Energy Savings & ROI: Rossmoor vs the rest of New Jersey

Find out how investing in new windows in Rossmoor compares to other nearby New Jersey cities.