Low Energy Offers High Value
A recent trend in remodels and homes is the advent of energy-efficient construction materials and technology.
Manufacturers are designing methods of insulation, weather protection, heating and cooling that are more energy-efficient than in decades past. Even appliances and light bulbs are becoming more and more energy-efficient within a home.
You can increase the resale of your home with an investment in low-energy materials and technology. In fact, in recent surveys, “low energy” has jumped up to the #2 purchasing decision for homes after “safe community” (i.e. “location”). Location is still everything, but energy-efficiency isn’t far behind in 2017.
How can your home be more energy-efficient?
- Install a new roof. New shingles are being made with ENERGY STAR® technology that can dramatically reduce heating and cooling costs for a home.
- Install solar panels on the roof for solar power to reduce energy costs in the home.
- Purchase ENERGY STAR appliances for your kitchen – including your refrigerator, stove, microwave and dishwasher – as well as for your laundry machines.
- Purchase an energy-efficient water heater. Did you know that heating water accounts for almost 20% of energy costs in a home each year? A new water heater is much more efficient and cost-effective.
- Replace your furnace filter routinely. New filters will help to reduce heating costs in the home.
- Install new windows for better insulation and protection from cool winds and harsh weather. High-efficiency windows will lower heating and cooling bills up to 15% a year.
- Upgrade from standard fluorescent light bulbs to LED light bulbs. LED bulbs will last several hours longer than fluorescent bulbs and are much more-eco-friendly and energy-efficient. A LED bulb will last 20+ years on average.
It’s estimated that an investment in energy-efficient upgrades can result in a 1-3% increase in a home’s resale value.
Besides installing a new roof or new windows, most of the low-energy upgrades are relatively cost-effective to the point where a seller could net a profit after the upgrades are complete.
The good news is that as a homeowner you can even do most of the upgrades on your own with one or two trips to your local hardware store.