Certain improvements and remodels are known to add value to a home because that’s what buyers are looking for. A new kitchen, a stunning backyard and open floor spaces are all things buyers still look for. However, energy-efficiency upgrades have also joined the list because an increasing number of people are looking for eco-friendly properties.
Demand for Energy Efficient Homes on the Rise
Studies show that homes that are energy efficient sell faster and also tend to sell at better prices than standard properties. It appears that a large percentage of new home buyers consider energy efficient homes to be very desirable due to lower heating and cooling costs.
How to Take Advantage of the Growing Demand
If you’re considering selling your Cincinnati home, consider making some energy-efficiency upgrades. With the growing demand for energy efficient properties, your home could sell much faster, and you might even get a better price.
However, before jumping on the energy-efficiency bandwagon, you need to know what people are willing to pay for. While most people will say that they want a greener home to save the planet, what they’re really after is a more comfortable home, but especially to save on operating costs.
Making upgrades that reduce the utility bills, like installing a high-efficiency HVAC system, will make your home more attractive to potential buyers. You can also increase your asking price because the savings the new owners will make are quantifiable.
Consider installing energy-efficient windows, adding insulation, and putting in a more efficient HVAC system, among other things. Not only will you be able to sell your home faster and for more money, but you’ll also save on the bills.
To justify the higher asking price, you need to keep a clear record of the energy-efficiency upgrades you’ve made. Give the list to your realtor, who can use it to better market your property.
For more expert advice on how to make your home more energy efficient and other matters on home comfort, please contact us at Apollo Home Heating, Cooling and Plumbing. We’ve been serving the Greater Cincinnati area since 1910.
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