South River-New Jersey Savings

Build your South River Home’s Asking Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows can increase 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 estimate : What’s the premium for energy savings on the market? Here is what we discovered in South River:

Another way to look at it, a window investment in South River can add anywhere from 0.23% percent and 1.09 % percent to the asking price of your home via the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a South River homeowner is quite strong.

The variation between the range for South River and Atlantic City, which for reference, would yield a potential premium range of 0.2% percent and 0.3% percent respectively, is dependent on a number of factors, primarily; the 1.59% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price range in the New York-Newark-Jersey City region, and heating & cooling price differences between South River and Atlantic City.

The data presented is based on EnergyStar, the NREL,Department of Energy and incredible research conducted by the National Association of Homebuilders. South River home value data is provided by Zillow.

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