Lower Energy Costs and Increase the Value of Your Home by Making it More Energy Efficient 09/06/2011
Everyone knows making cosmetic improvements to your home can increase the value of your home, whether it’s fresh landscaping, granite counter tops, or stainless steel appliances. These days, savvy homebuyers are also looking for more energy efficient homes.
A recent article on ECNmag.com, “Building Value with Energy-Saving Upgrades in Homes and Businesses,” discusses how “improving the energy performance of your home can make it more comfortable and attractive, increase its value, and help you save money on your energy bills.”
These days adding energy-saving components in your home, such as:
- Appliances
- Windows and doors
- Insulation
- Heating and cooling equipment
- Automated thermostats
can increase the value of your home and help attract more potential buyers.
According to the article, the Department of Energy recently announced a partnership with The Appraisal Foundation that will provide information about energy-efficiency and building performance information for commercial buildings. Through this partnership, appraisers will have access to the information they need to evaluate energy performance for building appraisals. It will help improve the availability of tools and data for appraisers so that they can accurately incorporate the value of energy-efficiency upgrades into a building’s appraisal.
Other additions that can help you save money on energy bills and potentially increase the value of your home are:
- Installing home lighting control or other home control systems to manage when home electronics are switched on and off.
- Installing energy monitors to monitor total energy consumption throughout the day, week, month, or year.
Check out the Energy Savers website for additional information on ways to save energy in your home, vehicle, or workplace.
This post is written in collaboration with our friends at Present Value LLC, a worldwide international appraisal and advisory company that provides a range of professional services such as Certified Machinery and Equipment Appraisals, Inventory Appraisals, Asset Verification Services, Business Valuations, and Real Estate Appraisals.
Certified Connection is the premier provider of custom-designed home control systems and home theaters to residential and commercial customers. For more than 10 years, Certified Connection has served homeowners and businesses in and around Boston, throughout the South Shore, and the entire Cape.
Additional Reading:
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