How Eco-Friendly Features Can Boost Your Home’s Value

How Eco-Friendly Features Can Boost Your Home’s Value

Selling your house or planning to increase its value and appeal? Here’s a key insight: homebuyers are increasingly prioritizing environmentally friendly features in their search.

What Energy Efficient Features Do Buyers Want?

Recent data from the National Association of Realtors (NAR) reveals that when buyers consider eco-friendly features, they prioritize the following (see visual below):

• Heating and cooling costs: 82% of buyers consider heating and cooling costs to be one of the most important factors when looking for a home. And efficient heating and cooling systems with programmable thermostats can significantly lower monthly energy bills.
• Windows and doors with proper insulation: These help maintain comfortable indoor temperatures without overworking the HVAC system, which turns into saving on energy bills.
• Energy-efficient lighting and appliances: These can save money on utility bills and reduce a home's overall energy use too.
• Commuting costs and environmentally friendly community features: Living in a community designed with energy-saving amenities and shorter commutes can reduce expenses and environmental impact.
• Landscaping for energy conservation: Strategically placed trees and shrubs can lower cooling costs in the summer.
• Solar panels: Solar panels can also provide long-term savings and are an attractive feature for eco-conscious buyers.

The takeaway? Eco-friendly features are popular because they save money and enhance comfort. Adding these updates before selling your house benefits both buyers and you.

How Green Features Benefit You

Upgrading aging appliances or systems now allows you to enjoy savings and comfort while living in your home. Plus, with the Home Energy Rebates program from the U.S. Department of Energy, you could save up to $14,000 on energy-efficient upgrades like insulation, duct sealing, and heat pumps.

These improvements not only make your home more efficient but also more appealing when it’s time to sell. Energy-efficient homes attract environmentally conscious buyers and stand out in a competitive market. In fact, research from Freddie Mac shows homes with high energy-efficiency ratings sell for an average of 2.7% more than those without such upgrades.

Work with a Real Estate Agent to Maximize Value

Unsure which upgrades to focus on? A local real estate agent can help. They’ll assist you in pinpointing the eco-friendly features most valued by buyers in your area. From adding Energy Star appliances to enhancing insulation, they’ll guide you in selecting the best options for your home and budget.

Bottom Line

Environmentally friendly upgrades offer multiple benefits. You’ll save on energy bills and enjoy greater comfort right away. Plus, you can take pride in contributing to a sustainable future while boosting your home’s value. Want to learn how to make your house stand out? Let’s connect.