Enhancing Your Home’s Value with Eco-Friendly Features

Thinking of selling your house or boosting its value and appeal for the future? Here’s an important trend to note—homebuyers are increasingly drawn to properties with eco-friendly features.

What Energy-Efficient Features Are Buyers Seeking?

Recent data from the National Association of Realtors (NAR) highlights what buyers prioritize when it comes to environmentally conscious homes (see visual below):

• Heating and cooling costs: A top priority for 82% of buyers, efficient heating and cooling systems with programmable thermostats can drastically reduce monthly energy expenses.
• Properly insulated windows and doors: These maintain comfortable indoor temperatures without overburdening HVAC systems, translating into significant energy savings.
• Energy-efficient lighting and appliances: These not only lower utility bills but also reduce overall energy consumption.
• Commuting and community perks: Buyers value communities designed with shorter commutes and energy-saving amenities that lower costs and environmental impact.
• Energy-conscious landscaping: Strategically placed trees and shrubs can help cut cooling costs during summer months.
• Solar panels: A favorite for eco-conscious buyers, solar panels offer long-term savings and reduce reliance on traditional energy sources.

Eco-friendly upgrades aren’t just about buyer interest—they’re about saving money and increasing comfort. Energy-efficient homes are more desirable and tend to fetch higher prices. Freddie Mac reports homes with energy-efficiency upgrades sell for 2.7% more on average.

How You Benefit from Green Updates

Updating appliances or systems now allows you to enjoy lower utility costs and improved comfort. Plus, federal incentives like the U.S. Department of Energy’s Home Energy Rebates offer up to $14,000 for energy-efficient upgrades, making improvements more affordable than ever.

When it’s time to sell, your upgraded home will stand out, attract environmentally conscious buyers, and command a higher price.

Studies also show that homes with energy-efficient upgrades, like those with high-efficiency HVAC systems or modern insulation, are more desirable for buyers- and they generally net a higher price. Research from Freddie Mac found that homes with high energy-efficiency ratings sold for 2.7% more on average than homes without these upgrades.

Work with a Real Estate Agent

Not sure where to start? A local real estate agent can help you identify which upgrades will provide the most value in your area. From adding Energy Star appliances to enhancing insulation, they’ll ensure your improvements align with buyer preferences and your budget.

Bottom Line

Investing in eco-friendly upgrades offers multiple benefits. Not only can you enjoy reduced energy bills and greater comfort now, but you’ll also be contributing to a more sustainable future while increasing your home’s value. Want to explore how these improvements can make your home stand out? Reach out to a local real estate agent today!