It seems that the real estate market is raging about green improvements and sustainable homes. An increasing number of homeowners are deciding to make their properties greener and more sustainable for numerous reasons.
Eco-friendly building ideas, smart and green features and renewable energy systems can help you reduce your energy consumption, lower your household’s carbon footprint and create a healthier living environment for your family.
However, one of the most important questions that you need to consider is whether such upgrades can actually increase the value of your home, especially if you’re planning to put it on the market.
So, read on to find out how to increase the value of your home by installing renewable energy systems and smart upgrades.
Smart and green improvements for resale
Selling your existing home requires you to undertake certain home improvement projects that will help you enhance its general condition. Although there are numerous remodelling ideas available, not all of them are worth the investment. Green and smart improvements have become one of the most popular renovation options because they actually bring a high return on investment.
And if your preparing to build a new modular home, it pays to really think about these ideas. Including green and smart improvements in your new home from the very start can really increase the return on your investment quickly!
Owing to a great number of benefits that they bring, prospective buyers are actually willing to pay more for energy-efficient, sustainable properties. So, yes, investing in these home systems and upgrades will definitely make your property more valuable and popular among buyers and there’s actually more than a few good reasons behind this.
Improved energy efficiency and increased savings
One of the most valuable benefits of smart and green improvements is improved energy efficiency. Buyers are ready to pay a bit more for energy-efficient homes because they bring long-term opportunities for increased savings. Even if they invest more initially, energy-saving features and renewable energy systems will help them reduce their electricity bills in the long run, which will reflect positively onto their savings. Renewable energy systems, in particular, can increase the value of your property substantially because they will enable the new owners to start saving on electricity from day one. Therefore, purchasing an energy-efficient home is a wise investment, so it’s no wonder that such a property has greater value.
When it comes to smart upgrades, most of them are now designed to boost the energy efficiency of a property. Automated home systems and smart devices can actually help homeowners manage their energy consumption more efficiently, which, in return, brings different savings opportunities.
The homes of the future
The homes of the future are already available in the real estate market. As we continue to incorporate technology into our lives, we expect to have it in our homes, as well. A smart, green home will soon become the ideal model of a living space and it’s only a matter of time when energy-saving and smart features will be present in every home across the globe. Until then, homes with smart systems and energy-saving appliances are considered to be a symbol of prestige and social status to some extent. Of course, this cannot but affect the value of a property.
When it comes to available technologies that you can introduce into your home, you can rest assured that there are numerous solutions at your disposal. Solar panels, like Skylight Energy 5kW ones, are still the most popular renewable energy system for residential use, followed by geothermal energy systems. Hydropower systems and wind turbines also have their own advantages, but they are still not as popular as solar systems.
Energy-saving appliances are also a common feature of smart and green homes. In fact, some of the models are actually both state-of-the-art and energy efficient. For instance, the reliable and innovative Bosch dryer is a stunning example that incorporates advanced technologies and has great Energy Star ratings. Investing in such a model will provide you with long-term quality, exceptional performance and reduced electricity use.
As for smart devices, smart thermostats have become extremely popular because they help reduce households’ energy consumption and improve their thermal comfort. Automated lighting systems and other remote-access features are also popular smart upgrades that many modular homeowners choose to implement in their residences. Check out our post on how to lower the power bills in your new home.
Not all features are created equal
When building your new modular home, it’s essential that you keep in mind that not every upgrade is worth the cost. For instance, installing a smart security camera is certainly useful, but homebuyers won’t spend thousands for dollars for something they can install themselves at a much more affordable price. In addition, you should avoid installing features that suit your lifestyle and preferences if you’re planning to sell your home. You should stick to improvements that can meet everyone’s needs.
Green and smart homes are definitely one of the most valuable types of property in the real estate market. Investing in energy-saving and smart upgrades can provide both you and prospective buyers with valuable benefits that will pay off in the long run.
Author: Lucas Bergmann