Thinking about selling your house or just looking to increase its value and appeal for the future? Here’s something you should know—homebuyers are increasingly searching for homes with eco-friendly and energy-efficient features.
What Energy-Efficient Features Do Buyers Want?
According to recent data from the National Association of Realtors (NAR), when buyers think about eco-friendly features, they’re looking for:
- Heating and Cooling Costs: 82% of buyers consider heating and cooling costs to be one of the most important factors when house hunting. Efficient HVAC systems with programmable thermostats can significantly lower monthly energy bills.
- Insulated Windows and Doors: Proper insulation helps maintain comfortable indoor temperatures, reducing the strain on HVAC systems and saving on energy costs.
- Energy-Efficient Lighting and Appliances: These upgrades not only reduce utility bills but also decrease the home’s overall energy consumption.
- Commuting Costs and Eco-Friendly Community Features: Living in a community with energy-saving amenities and shorter commutes can cut down on expenses and reduce your environmental impact.
- Landscaping for Energy Conservation: Strategically placed trees and shrubs can help lower cooling costs in the summer.
- Solar Panels: Solar panels offer long-term savings and are a major attraction for eco-conscious buyers.
The common thread? Buyers are drawn to environmentally friendly features because they save money and make homes more comfortable. But adding these features before you sell doesn’t just benefit the buyers—it benefits you, too.
How Green Features Benefit You
If your appliances or systems are aging, upgrading them now means you’ll enjoy the savings and comfort while you’re still living in your home.
The U.S. Department of Energy has introduced Home Energy Rebates that can provide households with up to $14,000 in savings for energy-efficient upgrades. This includes insulation, duct sealing, heat pumps, and more. These rebates make it more affordable than ever to improve your home’s efficiency.
When you decide to sell, you’ll reap the rewards again. Energy-efficient homes stand out in a competitive market and appeal to the growing group of environmentally conscious buyers.
Studies also show that homes with energy-efficient upgrades are more desirable and typically sell for higher prices. Research from Freddie Mac found that homes with high energy-efficiency ratings sold for 2.7% more on average than homes without these upgrades.
Work with a Real Estate Agent to Maximize Value
Not sure which upgrades will give you the biggest bang for your buck? That’s where a local real estate agent comes in. They can help you identify the eco-friendly features that buyers in your area value most. Whether it’s adding Energy Star appliances or improving insulation, they’ll guide you in making the best choices for your home and your budget.
Bottom Line
Making environmentally friendly upgrades can pay off in more ways than one. You’ll enjoy lower energy bills and improved comfort now, and when it’s time to sell, your home will stand out in the market. Plus, you’ll have the satisfaction of contributing to a more sustainable future while adding value to your property.
Ready to learn more about how eco-friendly features can boost your home’s value? Let’s connect and explore the best strategies for your home.
