3 Ways to Boost Your Home’s Value Through Sustainability

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McAllen Real Estate Podcast with Maggie Harris

Business


If you want to increase your home’s value before listing it, there are three projects you can do that will improve its sustainability and make it more attractive to buyers. If you are thinking of selling your home, think sustainability. A new survey by the National Association of Realtors just came out, and it made some remarkablepoints. For example, 61% of Realtors said clients are interested in sustainability. Also, a whopping 71%of Realtors said energy efficiency is valuable in helping sell a home.So, if you are interested in sustainability and you want to sell your home for a higher price, here arethree projects to consider:1. Energy-efficient appliances. Energy Star-certified appliances such as fridges, washing machines,and clothes dryers can be as much as 40% more water efficient and 25% more energy efficient thanstandard models. Those numbers go way up if you compare new energy-efficient appliances withmodels that are more than a few years old. Other gadgets throughout your house might also warrant an update. For example, if you have anold thermostat or an inefficient water heater, then smart new alternatives such as the Nest thermostator solar water heaters might also be worth a look.2. Solar panels. Speaking of solar, homes with solar panels sell 20% faster, according to the NationalRenewable Energy Laboratory. Even more impressive, they sell for a whopping 17% more thancomparable homes without solar. And with a range of state and federal incentives still in place, solarcan be a great way to make your home more green and attractive at the same time. 3. Windows, doors, and siding. Renovated windows, doors, and siding typically recoup about 80%of their cost in terms of higher home value. However, a full suite of energy-efficient windows, doors,and siding might be worth even more in the current sustainability-minded market. Plus, these projectsincrease your home’s curb appeal, making it more likely your home will get more interest frompotential buyers. Any of these projects can potentially add a lot of value to your home. If you want to discuss whichsustainability projects might make the most sense in your particular case or what kind of sale priceyou could achieve, please feel free to give me a call.If you have any other questions or real estate needs, feel free to call or email me anytime. I would behappy to help you.