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Energy Efficient Homes – The Impact on the Housing Market

Energy Efficient Homes – The Impact on the Housing Market

Energy efficient homes use modern technology and thoughtful building methods to save energy and minimise waste. They also help homeowners to feel good about their eco-friendly footprint and improve resale value.

Homebuyers are increasingly looking for green features in new and existing homes. A 2022 National Association of Realtors survey found that energy-efficiency was one of the top concerns among buyers.

Homeowners Save Money

One of the biggest benefits homeowners gain from using energy efficient homes is that they save money on their monthly utility bills. This is because energy-efficient homes use less electricity, natural gas and water, which can lower costs for families.

Another way to reduce energy expenses is to install a solar panel system, which can cut your energy bills by up to $30 per month. Renewable energy sources can also help protect the environment and reduce your home’s carbon footprint.

When it comes to building a new home, it’s important to choose energy-efficient materials. Green building materials like Fox Blocks ICFs, for example, can improve energy efficiency by offering a sustainable and long-lasting material that requires less maintenance than other types of construction.

Choosing an energy-efficient house can be an investment, but it’s one that will pay off in the end. The extra cost can be easily recouped by lowering your utility bills and increasing the home’s resale value.

Homeowners Feel Better

There’s nothing like a home that’s warm and toasty on a cold day, and cool and refreshing on a hot one. Those qualities are enhanced by top-notch insulation and weatherstripping, along with high-efficiency windows and lighting, and efficient appliances.

Besides making you and your family more comfortable, those energy efficient home features also help reduce your carbon footprint, saving you money in the long run. You may even find yourself in an environmentally friendly, low-maintenance home that is worth more money when it comes time to sell it.

In short, energy efficient homes are the big winner in the real estate space. They’re not just cool looking, they’re also cost effective and a breeze to maintain. The best ones even have a few clever features that make them all the more interesting to live in. The right home can be a great place to call home for years to come. The most important rule of thumb is to keep an eye out for the most energy efficient house on your block, or in your budget.

Homeowners Get a Better Deal

Energy efficient homes use less electricity and water and are better for the environment. They also save homeowners thousands of dollars on their utility bills each year.

Many newer homes are designed with energy efficiency in mind from the start, using an average of 20% less energy than their older counterparts. This lowers the homeowner’s monthly energy bill and allows them to make upgrades.

They’re made of environmentally friendly materials, and they have high-efficiency appliances and lighting. And they’re insulated to stay warm in the winter and cool in the summer.

When it comes time to sell, energy-efficient homes will help increase the home’s resale value. In fact, according to the National Association of Realtors, energy-efficiency is the top feature cited by new homebuyers.

Homeowners Increase Resale Value

If you’re looking to sell your home, energy efficient homes are a great way to increase its value. Especially if they’re third-party certified.

In fact, studies have shown that ENERGY STAR and other high-efficiency homes are worth more than their non-efficient counterparts.

That’s because eco-friendly features such as solar panels or electric-car charging stations are increasingly seen as desirable by today’s home buyers.

They may be even more willing to pay for them if they know that they’ll save money on monthly energy costs, a potential boon in a world of skyrocketing prices.

Besides increasing their resale value, homeowners who update or make improvements to their homes’ energy efficiency will be able to enjoy lower utility bills. Installing a smart thermostat, for example, can reduce electricity costs by as much as $200 a month.

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