Seaside Park-New Jersey Savings

Build your Seaside Park Home’s Value through Energy Savings

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Upgrading 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 return on energy savings when selling the house? This is what we estimated in Seaside Park:

In other words, a window investment in Seaside Park can add between 0.27% percent and 1.39 % percent to the value of your home through the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Seaside Park homeowner is quite strong.

The variation between the range for Seaside Park and Atlantic City, which for reference, would yield a potential premium range of 0.21% percent and 0.29% percent respectively, may come from a number of factors, principally; the 3.43% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price range in the New York-Newark-Jersey City region, and energy price differences between Seaside Park and Atlantic City.

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

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