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

Selling your house? Or are you just looking to increase the value and appeal of your home when you do? You should know that homebuyers are increasingly looking for homes with environmentally friendly 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 (see visual below):

• Heating and cooling costs: 82% of buyers consider heating and cooling costs one of the most important factors when looking for a home. 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, saving energy bills.
• Energy-efficient lighting and appliances: These can save money on utility bills and reduce overall energy use.
• 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 attractive for eco-conscious buyers.

The common theme? Environmentally friendly features are popular with buyers because they help them save money and make homes more comfortable. But making some of these updates before you sell your house doesn’t just benefit buyers; it’s worthwhile for you, too.

How Green Features Benefit You

If your appliances or systems are aging, upgrading them can allow you to enjoy the savings and comfort of staying in your home.

The U.S. Department of Energy has introduced Home Energy Rebates, saving households up to $14,000 on energy-efficient upgrades such as insulation, duct sealing, heat pumps, and more. These rebates make improving home efficiency more affordable than ever.

Then, when you decide to, 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, such as high-efficiency HVAC systems or modern insulation, are more desirable for buyers and generally sell for a higher price. Research from Freddie Mac found that homes with high energy-efficiency ratings sold for an average of 2.7% more than homes without these upgrades.

Work with a Real Estate Agent to Maximize Value

I’m unsure which upgrades to prioritize 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 adding Energy Star appliances or improving insulation, they will guide you in making the best choices for your house and your budget.

Making environmentally friendly upgrades can pay off in many ways. You can enjoy saving on energy bills and improved comfort now. You’ll also be satisfied knowing you’re contributing to a more sustainable future while adding value to your home. Ready to learn more about how you can make your house stand out? Let’s connect.