Pacific Sun Technologies
Best Energy-Efficient Home Upgrades to Increase Home Property Value
Whether you’re planning to spend decades in your home or hoping to move in the near future, it’s always wise to consider the best home improvements for resale. Traditionally, new siding, decks and bathroom remodels have been among the best upgrades to add value to a home. In today’s energy-conscious world, you can add energy-efficient home upgrades to this list.
Just how much can energy-efficient upgrades increase your property value? According to the US Green Building Council, upgraded homes in Texas sell for an average of 8 percent more than less-efficient homes, and Remodeling Magazine’s Cost vs Value Report shows that energy-efficient home upgrades are some of the best home improvements you can make for resale.
Efficiency-labeled homes also are showing an increase in popularity and preference for new homebuyers, and are improving in visibility across housing markets.
If you’re wondering how to increase home value for appraisal, then improving the energy-efficiency of your home is an option that creates benefits for both current and future homeowners. According to the Building Codes Assistance Project, homebuyers want energy-efficient homes, and the Appraisal Institute even offers home-sellers a comprehensive list of designated appraisers who specialize in the valuation of sustainable residential buildings.
Best Home Improvements to Increase Property Value
1. Save with energy-efficient upgrades to your kitchen appliances.
Kitchen renovations have long been the solution for people wondering how to increase home value for appraisal, with even minor kitchen improvements yielding a resale return on investment of nearly 80 percent of the renovation costs.
Installing energy-efficient appliances may be expensive, but the energy savings they offer pay for any additional up-front costs while improving your home’s resale value. And don’t forget the visual appeal of new appliances: a new oven or refrigerator gives your kitchen a modern look prospective home buyers find appealing.