Unlocking Your Home’s Value With Sustainability

| 8/20/2019 9:24:00 AM

Value of Eco
Image Nattanan Kanchanaprat from Pixabay

Whether you are a homeowner looking to sell your house soon or live in it for years to come, sustainability is a proven method to increase the value of your home and have a positive environmental impact!

In a recent survey conducted by the National Association of Realtors, over 61% of home-buyers said they were interested in homes that had sustainable features—such as smart features, lighting efficiency, and lowered utility costs—and energy efficiency and “low-maintenance” features are within the top 5 selling points for most first-time home buyers.

While there are hundreds of factors that go into the value of a home, Realty Sage has compiled 12 Livability Categories that show how the features of a property can benefit a homeowner both while they are living in the home and if they plan to put the home on the market. These categories range from Comfort and Health, to Cost Savings and Unique Features, but all of them can be positively enhanced to increase the value of your home. Another perk of these categories is that many of them are related, so renovations in one area may have additional bonus benefits in another!

For example, let’s say you upgrade your thermostat to a newer, smart model to try and save money on your electric bill—not only does this fall into the Cost Saving category (which all homeowners and buyers prioritize), but it is also an Eco-Friendly upgrade, it allows for Low Maintenance living, and can positively impact the Market Resale Value. So that one improvement you made actually makes a mark in 4 different livability categories!

Eco-Friendly Ideas To Increase the Value Of Your Home

There are so many ways you can increase the value of your home, from a complete remodel to new appliances to simply swapping out your lightbulbs; thus you can effectively make a positive environmental impact and earn brownie points with potential buyers regardless of how much you can financially invest right now.

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