South Amboy-New Jersey Savings

Increase your South Amboy Home’s Asking Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows can 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 energy savings on the market? Here is what we discovered in South Amboy:

In other words, a window investment in South Amboy can add anywhere from 0.22% percent and 1.07 % 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 value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a South Amboy homeowner is relatively clear.

The variation between the range for South Amboy and Atlantic City, which for reference, would yield a potential premium range of 0.19% percent and 0.28% percent respectively, can be estimated from a number of factors, in particular; the 1.7% 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 price differences between South Amboy and Atlantic City.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and meticulous research executed by the National Association of Homebuilders. South Amboy home value data is provided by Zillow.

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