Savings Category: Replacement Window Savings

Description

Value You Can Measure

South Bound Brook property owners have many great reasons to change their windows. Upgrading damaged windows, refining the style of your home etc… Many such values may be measured relatively explicitly.

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

In terms of energy savings, homeowners in South Bound Brook, may experience large drops on daily spending for heating & cooling. If you already have dual pane windows you could save about $113.39 compared to $100 in Atlantic City. On the other hand, when upgrading single-pane windows to National Vinyl’s EnergyStar rated windows you may save approximately $363.7 per year, compared to $274 in Atlantic City.

Build your South Bound Brook Home’s Asking Price through Energy Savings

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Upgrading 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to ascertain : What’s the return on investment on energy savings if you sell your home? Here is what we discovered in South Bound Brook:

Basic Dual-Pane to National Vinyl

If you already have dual-pane windows (non-EnergyStar rated), in South Bound Brook, your home value could increase by around $680.35 and $995.58 for a mid-tier or top-tier South Bound Brook 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. South Bound Brook homeowners may see an estimated home value gain of between $2182.19 for mid-tier homes and $3193.27 for the top tier. Compare this to between $1644 and $2405.72 in Atlantic City.

In other words, a window upgrade in South Bound Brook can add anywhere from 0.24% percent and 1.12 % percent to the asking price of your home via 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 South Bound Brook homeowner is quite strong.

The variation between the range for South Bound Brook and Atlantic City, which for reference, would yield a potential premium range of 0.21% percent and 0.31% percent respectively, may come from a number of factors, particularly; the 1.49% 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 South Bound Brook and Atlantic City.

The data presented is based on EnergyStar, the NREL,Department of Energy and professional research done by the NAHB. South Bound Brook home value data is provided by Zillow.

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Energy Savings & ROI: South Bound Brook vs the rest of New Jersey

Find out how investing in new windows in South Bound Brook compares to other nearby New Jersey cities.