Home maintenance and home improvement projects will increase the value of your home, but making green updates is especially beneficial for eco-conscious buyers who are concerned with saving energy and money. At Modernize, we appreciate that homeowners are looking out for buyer’s best interest as well as the environment. While some buyers are looking for finished basements and fancy kitchens, green updates appeal to those who are willing to pay for the money-saving, planet-saving benefits of green features.
Energy Efficient Appliances
If you are remodeling your kitchen or need to replace irreparable appliances, consider cost-saving Energy Star appliances. Refrigerators are one of the biggest energy-zappers in your home. If you are selling, your home will be more appealing to a buyer who knows that their utility bill will be lower thanks to your thoughtful purchase. If you are not ready to sell, enjoy that energy-saving, money-saving benefit for yourself until you are ready to move on. Even if you stay for life, the money saved after investing in green appliances will eventually pay for itself.
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Energy escapes out of windows during every season of the year. Instead of paying your electric company for a constantly running air conditioner, consider replacing your windows. Replacing single pane windows with double pane energy-efficient windows is well worth the investment. When shopping for new windows, look for the U-factor and Solar Heat Gain Coefficient (SHGC) numbers. These numbers measure a window’s rate of heat loss and the window’s ability to block heat from the sun. The lower the numbers, the better. Having a quantifiable number offers credibility when you are selling these features to a potential buyer.
Solar energy is fairly new and costly, making it an attractive feature to woo buyers. Giving your home’s new owner the ability to create their own energy is exciting and will eventually pay for the extra money that they put up front in an offer. In recent years, states like California has become the first U.S. state to get 5% of their annual utility-scale electricity directly from the sun.
Solar panel providers make this investment more affordable with payment plans or solar garden options to share within your community. If your neighbors aren’t initially on board with the idea of sharing a solar garden, they will likely warm up to the idea when they see the money that you are saving.
Updating your home with green features adds interest to value-seeking buyers. A savvy buyer will choose your home over your neighbor’s if you have taken the time to make energy saving improvements. Buyers concerned with their carbon footprint will appreciate features that make the home environmentally friendly. Lower utility bills will appeal to all buyers. Real estate sales have proven that homes can be listed and sold for a higher amount if there are green features that will save buyer money in the long run.
For more information on converting your Northern Virginia or DC Home to green living, contact my office today!
Post Adapted from Stephanie Sylvester