Tinton Falls-New Jersey Savings

Improve your Tinton Falls Home’s Asking Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows may 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 evaluate : What’s the ROI on energy savings if you sell your home? What follows is what we uncovered in Tinton Falls:

Put differently, a window upgrade in Tinton Falls can add between 0.2% percent and 0.99 % percent to the sale 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 Tinton Falls homeowner is relatively strong.

The variation between the range for Tinton Falls and Atlantic City, which for reference, would yield a potential premium range of 0.17% percent and 0.25% percent respectively, is derived from a number of factors, notably; the 2.12% 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 energy cost differences between Tinton Falls and Atlantic City.

The data presented is based on EnergyStar, the NREL,Department of Energy and expert research done by the NAHB. Tinton Falls home value data is provided by Zillow.

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