Victory Gardens-New Jersey Savings

Improve your Victory Gardens Home’s Resale Price through Energy Savings

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Switching 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.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to uncover : What’s the return on investment on energy savings on the market? What follows is what we found in Victory Gardens:

Another way to look at it, a window upgrade in Victory Gardens can add between 0.32% percent and 1.4 % 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 initial value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Victory Gardens homeowner is quite clear.

The variation between the range for Victory Gardens and Atlantic City, which for reference, would yield a potential premium range of 0.3% percent and 0.44% percent respectively, is dependent on a number of factors, primarily; the 0.74% 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 Victory Gardens and Atlantic City.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and incredible research conducted by the National Association of Homebuilders. Victory Gardens home value data is provided by Zillow.

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