Environmentally Conscious Upgrades Could Help Your Home Sell for More.
With more and more people across the globe embracing living in a sustainable home and adding even more energy efficient functionality to that home has never been a better investment, or paid off more!
According to new research by the U.S. Department of Energy’s (DOE) Lawrence Berkeley National Laboratory study, results how “strong evidence that homes with [solar panels] sell for a premium over homes without solar systems, which corresponds to an average home sales price premium of approximately $17,000 for a relatively new 3,100-watt [solar panel] system.”
Even beyond adding solar panels to a home you hope to sell, there are an array of energy efficient upgrades that can be made to your home that are sure to boost your selling price. A sustainable home is not only better for the environment than a traditional house, but it also provides homeowners with a variety of benefits. Here are just a few of the reasons you should consider selling a sustainable home:
Selling A Sustainable Home Means Adding Energy Efficiency
One of the major incentives to add solar panels to a home is to save on electricity bills. Generally speaking, the average solar panel addition costs approximately $17,000. The good news is that there are many states that offer a tax deduction or sustainable energy rebate program, which can drastically reduce the overall cost. In fact, some solar panel state programs offer discounts that can make installing solar panels costs as low as $5000. In the end, solar panels are a definite way of adding value to your home.
Improve the Air Quality of Your Home
By choosing to use environmentally friendly paints, adhesives, sealants, and other materials that are used in home renovations, the fewer chemical emissions your home will produce. This is more than being environmentally conscious, it is also improves the air quality of your home. These efforts result in residents breathing in less toxic chemicals that can aggravate respiratory conditions, such as asthma and allergies. Using an environmentally conscious ventilation system throughout a home also offers residents even more improved air quality. Offering improved air quality to potential home buyers is a valuable addition to any home, and one prospective buyers will pay for.
A Sustainable Home is a Solid Long-Term Investment
Potential home buyers know that finding and purchasing a sustainable home is a solid long-term investment. A home buyer should know that by investing in a sustainable home offering solar panels and energy efficient upgrades throughout the home will convert to spending less on utilities and maintaining the property. Sustainable homes are a smart investment because they also offer a higher resale value than regular homes. What does this mean for you now? It means that when you decide to sell your sustainable home, it will likely be easier to sell, and for a lot more!
We’re Your Southern New England Realtors for Life
Noonan Lombardi Realtors is here to assist with all your real estate needs across Southern New England. In addition to our expert team of experienced realtors working for every client, our team uses the highest-level technology to market and sell your home. From sell sheets to social media and MLS real estate searches integrated into our website, our realtors work hard, sell home fast and keep clients very satisfied.
Our team of dedicated realtors and brokers are transforming the way consumers make home-related decisions and connect with professionals. Based on our wealth of experience in the real estate markets across Rhode Island, Massachusetts and Connecticut, we feel confident you will be pleasantly pleased with the real estate services we provide, as we strive to meet each client’s specific needs, every single time. Reach out to our team today (401) 580-8672 for all your property management, rental property and real estate needs.