Waldwick-New Jersey Savings

Build your Waldwick Home’s Asking Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows may add to 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 figure out : What’s the return on energy savings when it comes time to sell? This is what we estimated in Waldwick:

Put differently, a window upgrade in Waldwick can add between 0.16% percent and 0.86 % percent to the sale price of your home through 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 Waldwick homeowner is quite strong.

The variation between the range for Waldwick and Atlantic City, which for reference, would yield a potential premium range of 0.13% percent and 0.19% percent respectively, can be estimated from a number of factors, especially; the 3.06% 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 Waldwick and Atlantic City.

The data presented is derived from EnergyStar, the NREL,Department of Energy and professional research conducted by the NAHB. Waldwick home value data is provided by Zillow.

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