Selling Your Home? Boost Its Value with Energy-Efficient Upgrades
If you’re planning to sell your house or just want to enhance its appeal for the future, here’s something to keep in mind: homebuyers are increasingly drawn to homes with environmentally friendly features.
Let’s explore what energy-efficient upgrades buyers prioritize and how making these improvements can benefit you now and when it’s time to sell.
What Energy-Efficient Features Do Buyers Want?
According to the National Association of Realtors (NAR), eco-conscious buyers are particularly interested in these features:
- Heating and Cooling Efficiency:
- Why It Matters: 82% of buyers prioritize heating and cooling costs when choosing a home.
- Upgrade Tip: Install high-efficiency HVAC systems with programmable thermostats to lower monthly bills and improve comfort.
- Properly Insulated Windows and Doors:
- Why It Matters: Insulated windows and doors maintain indoor temperatures efficiently, reducing HVAC strain and energy bills.
- Energy-Efficient Lighting and Appliances:
- Why It Matters: Energy Star-rated appliances and LED lighting save money on utility bills while reducing energy consumption.
- Environmentally Friendly Communities and Commuting Costs:
- Why It Matters: Living in communities with shorter commutes and energy-saving amenities appeals to buyers seeking convenience and sustainability.
- Landscaping for Energy Conservation:
- Why It Matters: Strategically placed trees and shrubs can cut cooling costs by providing shade and reducing indoor temperatures in summer.
- Solar Panels:
- Why It Matters: Solar energy systems are a popular long-term solution for reducing electricity costs and appealing to eco-conscious buyers.
The overarching theme? Buyers value energy efficiency because it saves money, reduces environmental impact, and makes homes more comfortable.
How These Upgrades Benefit You
Investing in energy-efficient upgrades doesn’t just attract buyers—it can also enhance your living experience and save you money while you’re still in the home.
- Immediate Savings: Upgrading aging appliances or systems allows you to benefit from lower energy bills and improved comfort.
- Rebates and Incentives: The U.S. Department of Energy offers Home Energy Rebates of up to $14,000 for upgrades like insulation, duct sealing, and heat pumps, making it more affordable to improve your home’s efficiency.
- Increased Resale Value: Homes with energy-efficient upgrades tend to sell for more. Research from Freddie Mac shows that homes with high energy-efficiency ratings sell for an average of 2.7% more than similar homes without these improvements.
Work with a Real Estate Agent to Maximize ROI
Not sure where to start? A local real estate agent can help you identify the most valuable upgrades for your market. Whether it’s upgrading to Energy Star appliances, adding insulation, or investing in solar panels, they’ll guide you in making the right improvements to enhance your home’s appeal and value.
Bottom Line
Making energy-efficient upgrades is a win-win. You’ll enjoy reduced utility bills and a more comfortable home now while increasing its appeal and value when you’re ready to sell. Plus, you’ll contribute to a more sustainable future.
Ready to make your home stand out? Contact us today to learn how energy-efficient features can help you achieve your goals.