Ship Bottom-New Jersey Savings

Grow your Ship Bottom Home’s Value through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may add to 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to uncover : What’s the return on investment on energy savings when selling the house? Below is what we discovered in Ship Bottom:

Another way to look at it, a window investment in Ship Bottom can add anywhere from 0.22% percent and 1.23 % 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 Ship Bottom homeowner is quite strong.

The variation between the range for Ship Bottom and Atlantic City, which for reference, would yield a potential premium range of 0.15% percent and 0.21% percent respectively, is derived from a number of factors, especially; the 4.98% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the New York-Newark-Jersey City region, and energy cost differences between Ship Bottom and Atlantic City.

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

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