Energy Efficiency Isn't Just For New Homes-Upgrade your Old House |
Posted: December 15, 2019 |
Energy efficiency has become an important feature for homebuyers in today’s real estate market. The reasons for this range from simply wanting to save money to having a serious sense of environmental conscience. either way, Energy Efficiency has become a priority for both home buyers and home owners. Unfortunately, this can leave older homes at a disadvantage especially when it’s time to sell. This is because newer homes enjoy the benefits of modern advances in energy efficiency. Many of these advances are actually built into the materials and the products they use but as an industry home builders have made energy efficiency a priority. While many older homes do have the advantage of being located in more convenient locations and possessing more charming characteristics, they tend to fall short when it comes to energy efficiency. This location and charm advantage come at a high price, at least where utility bills are concerned. Energy Efficiency is an important feature for today’s Home BuyersWith increasing energy costs in combination with an increased consciousness about the environment, energy efficiency has become very popular. Additionally, saving money on utility bills has always been a good idea. All of this has led homebuyers to actually consider energy efficiency as a feature when shopping for homes.
These numbers show that homebuyers are changing their priorities. Smart homeowners will understand this and start to upgrade their existing homes to cater to these types of homebuyers. Homebuyers will generally purchase a home through a sales office. These offices are well set up to demonstrate, the Energy Efficiency benefits they incorporate into the homes they build. They use high-resolution displays and sophisticated graphics to demonstrate the energy-saving advantages of buying their homes. Older Resale Homes Can Enjoy the Benefits of Energy Efficiency as WellWhile in many cases it is easier to build energy efficiency into a home from the beginning, upgrading or retrofitting an existing property with new energy-saving technologies is not only possible but also a great idea. Here types of upgrades and ideas you can use on an older home.
Having a PlanBefore you, the homeowner indiscriminately starts purchasing Energy Efficiency upgrade products at the local home improvement store, it's a good idea to first find out where your home needs the most help and then make a proper checklist, to purchase the products required. With any home improvement project, it’s important to focus on improving those areas the will provide the biggest return on investment. A Home Energy Audit is an inspection and assessment of your home’s energy efficiency and consumption.A Home Energy Audit is performed by a professional auditor who takes a thorough look at your home and how efficiently it produces, uses and retains energy. The actual audit can take between 3 to 4 hours depending on the size of your home. When complete, the audit will give you a good sense of where to focus your efforts when upgrading your home's Energy Efficiency. The report will make recommendations about the most effective improvements and upgrades you can implement in your home to improve its energy efficiency. Save the audit report and save any receipts Take a page out of the home builder's marketing book and when it's time to sell your home promote its energy efficiency. Save your energy audit report as well as any receipts or information on the upgrades you made to the home. Since most Energy Efficiency upgrades are not obvious, it's a good practice to highlight or feature them to prospective homebuyers. Additionally, modern MLS systems allow Realtors to input information about a home's Energy Efficiency and green features. So, when it's time to sell your home make your Realtor aware of any improvements you've made to your home. Upgrading your home's Energy Efficiency saves you money while showing potential buyers your pride of ownership. Homebuyers love to know that a home has been well cared for and they are willing to pay more for this type of property. Upgrading your home’s energy efficiency pays dividends in the short term by reducing energy costs and in the long run by separating your home from the competition when it’s time to sell. Final WordsJust because you live in an older home doesn't mean you need to suffer with costly utility bills or face an uphill battle when it’s time to sell. Jump into upgrading your home’s energy efficiency and enjoy the benefits both short term and long term.
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