Saddle River-New Jersey Savings

Improve your Saddle River Home’s Resale Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows could add to the asking 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.

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

Another way to look at it, a window investment in Saddle River can add between 0.17% percent and 1.35 % percent to the value of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Saddle River homeowner is quite clear.

The variation between the range for Saddle River and Atlantic City, which for reference, would yield a potential premium range of 0.08% percent and 0.12% percent respectively, is dependent on a number of factors, especially; the 13.38% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the New York-Newark-Jersey City region, and energy cost differences between Saddle River and Atlantic City.

The data presented is derived from EnergyStar, the NREL,Department of Energy and professional research performed by the NAHB. Saddle River home value data is provided by Zillow.

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