South Toms River-New Jersey Savings

Increase your South Toms River Home’s Value through Energy Savings

[lme-module module=”market-stats” city=”South Toms River” state=”NJ”]

Upgrading your windows to EnergyStar rated National Vinyl windows can 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.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to determine : What’s the premium for energy savings when selling the house? Below is what we uncovered in South Toms River:

In other words, a window upgrade in South Toms River can add between 0.33% percent and 1.42 % percent to the value of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a South Toms River homeowner is quite strong.

The variation between the range for South Toms River and Atlantic City, which for reference, would yield a potential premium range of 0.31% percent and 0.45% percent respectively, is derived from a number of factors, primarily; the 0.7% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the New York-Newark-Jersey City region, and heating & cooling price differences between South Toms River and Atlantic City.

The data presented is derived from EnergyStar, the NREL,Department of Energy and professional research executed by the National Association of Homebuilders. South Toms River home value data is provided by Zillow.

[lme-module module=”market-activity” city=”South Toms River” state=”NJ”]

Directions from South Toms River to our headquarters