Did you know that "going green" can add significant value to your home? A recent study done by the D.C. Department of Energy and Environment reveals that converting your heating and cooling systems to the most energy-efficent options, sealing up the energy-leaking areas of your home, and much more in a list of green features, can literally add tens of thousands to your home value.
According to the study, the "green" trend in renovations and new construction in the Washington, D.C. area has enabled contractors and home owners to raise their asking prices for homes and buyers will pay a premium for green upgrades. When buyers see solar panels and the possibility of saving significant amounts of money monthly and yearly as a result of more efficient energy systems in a home, they are motivated to buy.
From Renewable Energy Credits (RECs) that can be garnered through having solar panels to high-tech heat recapturing systems that can assist in slashing electricity bills, there is certainly money to be saved by going green.
Here's the bottom line for buyers: pay a relatively modest premium for a "green" home, save a substantial amount of money over the years and live in a healthier environment. Sounds like a no-brainer for both buyers and sellers.
As always, reduce, reuse, recycle, and conserve. Small, everyday changes can make a huge difference-- for both the planet and your wallet!