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Why Green Homes are Worth More in the Real Estate Market

Green Living HVAC

Green homes are more efficient homes – and a few simple upgrades can absolutely increase your home’s value.

The search for green homes may be a relatively new trend in the real estate market, but it’s a trend that looks set to increase exponentially in the coming years.

As the push for greater sustainability quickens and the need to protect our environment reaches a crescendo, going green is no longer just a passing fad. It’s a movement that’s here to stay.

Green Homes – The Way of the Future

For most of us, our homes will represent the single biggest investment of our lives. After we have purchased our homes, most of us will then spend thousands of dollars upgrading it. Over the years, we will spend time and money on renovations in almost every area of the house. And, should we wish to sell in the future, we will seek to add the perfect finishing touches.

So, what do green homes have to offer that ordinary homes do not? Green homes are not just great for the environment. And, they’re not just superb for our pockets on a daily basis either. The incremental value of a green home makes it worth more in the real estate market when we go to sell.

Green homes really are more efficient homes and the good news is this: With a few simple upgrades, you can increase the value of your home for the future and save countless dollars now.

Haven’t yet found the urge to invest in home renovations? We’re about to give you the ultimate excuse.

What is a Green Home?

Is a home green because its occupants are concerned about their carbon footprint? Or do green homes come in particular colors? Does using less electricity make my home a green one?

The simple answer is that while there are some certifiable ways to make your home a greener home, there is no single standard that constitutes a green home.

Today, when we talk about green homes, what we are really referring to is a building that is ecologically friendly. That is a house that is designed in such a way that it has a minimal negative impact on the environment. Or, a house that is actively seeking to make a positive contribution to the environment.

Why Should I Go Green?

Helping the planet is a stupendous reason for going green, but there are other practical reasons that should make you consider making simple changes to your home.

Here are a few of those reasons:

  • You can increase the value of your home
  • You can make massive savings in energy costs – you’ll save money on heating and cooling
  • You can improve your heath – breathe in healthy air
  • You can save money on your water bill
  • You can be a part of something greater than yourself – Going green is a movement

Green homes are an attractive prospect for both you the occupant living in the house, and for anybody wishing to purchase your home.

But, why are green homes worth more in the real estate market?

Green Homes Are Worth More – Why You Should Renovate

It is estimated that by the end of 2016, the green, single housing market will represent about one-third of the real estate market, while 90 percent of all residential construction will have energy-efficient features.

With an active and growing market, there are many reasons to renovate your home in order to turn it into a green home.

Here are some of those reasons:

Perception of Higher Quality

We live in a world where perception is often reality. And, the real estate market is very much part of that world. According to a 2012 study, both new home buyers and home builders and remodelers believe green homes to be higher quality than conventional builds. In an increasingly competitive market, house buyers look to every aspect of value provided by a house. Green homes provide just the right kind of edge.

House Buyer’s Costs Will Be Lower Over Time

The push for green homes is set to increase over the coming years, with buyers recognizing the huge value to be gained in lower utility costs. As energy costs increase and look to be headed permanently in one direction, every dollar that can be saved is an attractive incentive for house buyers. Going green can save huge sums of money in heating oil, natural gas, electricity, and water bills. Green homes will feature better insulation all round, with sealed windows and doors as standard. This is something that takes very little time, effort and money to renovate.

They will often have energy- efficient heating and cooling systems. The lighting and appliances will run on reusable energy.

Home Improvement and Big Tax Incentives

Green materials used in building constructs are often incredibly durable. For both a homeowner and a house buyer, this means significant savings in terms of replacement costs and maintenance costs.

In Texas, the state offers numerous incentives such as property tax rebates and performance-based incentives for people living in a green home. Power suppliers offer significant rebates to property owners in their service districts. Along with this, utilities in Texas offer great incentives to their customers for going green too.

Two Simple Renovations that Won’t Break the Bank

There are many uncomplicated renovations that you can make to your home into a green home. Here are two simple areas that it pays to focus on:

Water Filtration

By installing a whole home water filtration system, you can ensure that the water you use is clean and safe. Your future homebuyers are sure to appreciate it too.

Heating

Does your home have an efficient system for distributing heat? If not, perhaps it’s time to seek out some expert advice?

Green Homes – Money Saving and Money Making

So, there you have it. Are you convinced of the need to go green yet? You want the home you’re living in to be running as efficiently as possible at all times. Once you look to sell that home, you want prospective buyers to be attracted to your home because of all it has to offer. Green homes offer the ultimate in money saving and money making. When you sell, you’ll get more and while you’re living there, you’ll save more.

Sounds like a definite win-win to us.

Serving: Richardson, Plano, Allen, Addison, Carrollton, Garland, Frisco, McKinney, Lewisville, Murphy, Wylie, Rowlett, Little Elm, North Dallas, Dallas
Earthwise Home Services
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