With rising awareness about the well-being of our planet both sellers and buyers acknowledge the importance of green home features. Living in an eco-friendly house reduces your carbon footprint, limits the exploitation of natural resources and can significantly lower utility bills, but how cost-effective are they and how much value do they add to a home?
If you are interested in ways to increase the value of your home and make it eco-friendly then read on to find out 6 of the best that you can incorporate into your home.
One of the most important green home upgrades is insulation, as proper insulation – especially in the attic – will ensure that energy is not escaping through the roof. There are many types of insulation to choose from, however blown-in cellulose wall insulation is mostly recommended by home sustainability experts. For reinforced effects, consider upgrading weather stripping around doors and windows.
Installing solar panels is a huge investment and organizational challenge as it requires you to rethink the infrastructure of the entire house. However, a study conducted by the National Bureau of Economic Research reveals that home sellers can look at an up to 97 per cent return rate when investing in new energy efficient strategies.
Energy and water saving appliances
ENERGY STAR rating is an internationally recognized symbol of energy efficient appliances, which offer significant energy and water savings without compromising performance. Experienced realtors from OpenAgent suggest that replacing old and used appliances such as ovens, fridges, water heaters, TVs and even showerheads significantly improves the appearance of the house and has the power to boost its overall value. This is because potential buyers look for house features that will save them money in the long run. As an added bonus you can wrap your water heater in an insulating blanket or install tankless water heaters that heat water on demand.
For potential buyers, old single-pane windows can be a big turn off, therefore it can be a good idea to invest in multi-pane windows adjusted to your climate zone. It is said that homeowners can save up to $500 annually by upgrading their windows to high performing models. Low-emissivity glass windows can reduce energy bills and harmful UV rays, as well as improve overall quality of life by cancelling outside noise and beautifying your property. Also, adding in skylights is an efficient way of bringing natural light into the rooms, thus reducing the need for artificial lighting.
You may be surprised, but changing the smallest things can have a huge impact on home energy efficiency. When it comes to lighting, CFLs and LED lights are a must-have, as they are said to consume from 75 to 90 per cent less energy and last 20 times longer than incandescent light bulbs. LED light bulbs also do not heat up as quickly as older models, which helps to keep the house cooler in the summer, reducing the need for air conditioning. Modern dimmer switches and occupancy sensor light switches that turn the light off automatically when someone leaves the room are additional cool features that could boost the appeal of your house.
One of the simplest ways of adding value to your home is installing programmable thermostats, as almost half of energy bills go towards heating and cooling the house. By installing and programming thermostats wisely, utility bills can be reduced by up to 10 per cent.
These were our top environmentally-friendly home upgrades that give the best value for money. There is no denying that the real estate market is very competitive, therefore, if you want to sell your house and make significant profit, do make sure to implement these top 6 green and sustainable features to your home.