Learn how to expedite home sales and appeal to environmentally conscious buyers
Not every home upgrade will instantly attract cash offers or a flood of prospective buyers. To stand out in the market, it’s important to choose smart improvements such as eco-friendly updates. This article explores green upgrades that can expedite your home’s selling process and add value to your home.
Install Energy-Efficient Lighting
Installing LED lighting is a smart and cost-effective upgrade that reduces your energy usage and enhances the brightness of your home. Switch to energy-efficient lighting throughout your home. For instance, LED bulbs can last up to 25 times longer than traditional bulbs, making them a wise addition that boosts your property’s value. They are simple to install and can lead to significant savings on your energy bills.
Keep an eye on your energy bills. You’ll likely see a decrease in energy usage, which results in lower monthly costs. Your real estate agent can share these savings with potential homebuyers to give them a clear picture of the ongoing energy savings they can expect by purchasing your home.
Adopt Smart Home Technology
Some of the most beneficial eco-friendly smart technologies that can reduce your energy usage include:
Smart Thermostats
Set precise temperatures for different rooms, optimizing comfort and reducing heating and cooling costs.
Automated Window Treatments
Program your shades to adjust automatically with the time of day to maximize natural heating and lighting and reduce energy use.
Your real estate agent can emphasize the long-term cost savings and environmental benefits of these features to attract a wider pool of eco-conscious buyers.
Upgrade Your Plumbing
Switch to a low-flow showerhead to reduce water usage up to 40% less compared to traditional models. Consider hiring a plumber to fix any leaks in your pipes or faucets, which can prevent minor issues from increasing your water bills. Additionally, homes with water tanks connected to the plumbing result in lower water bills, serving as an attractive selling point to accelerate home sales.
Implement Composting Systems
Adding a composting system to your home is an excellent method for minimizing food waste while producing rich, nutrient-dense soil for gardening. Composters are user-friendly and versatile, suitable for both indoor and outdoor settings. This feature helps in waste reduction, making it an attractive eco-friendly addition to your property.
How Do Eco-Friendly Upgrades Enhance Property Returns?
66% of home buyers and builders consider sustainability crucial; 27% see it as extremely important, while 39% view it as somewhat important. These eco-conscious buyers are looking for properties that promise future cost savings, making homes with sustainable features more appealing and likely to be sold quickly at higher prices. Energy-efficient homes gain more interest from potential buyers and also spend less time on the market.
They typically sell for about $125,000 (17.1%) more than other homes. Properties with lower operational costs attract buyers and renters. Hiring real estate agents can help you capitalize on the growing demand for sustainability by highlighting eco-friendly features in listings. Showcasing these features differentiates the property in a competitive market and speeds up the selling process.
Takeaway
Homes with green certifications and upgrades tend to spend less time on the market. Therefore, investing in eco-friendly upgrades is not just a step towards a more sustainable lifestyle but also a strategic financial decision.
With a growing global emphasis on sustainability, properties equipped with green features are becoming increasingly desirable in the real estate market and offer significant returns. Real estate agents use these eco-friendly qualities in their marketing materials to enhance appeal and drive faster sales.
Looking for a trustworthy realtor in Morris County? Contact Jackie Scura. We are an experienced team of real estate professionals who provide expert guidance and support throughout the home-selling process. Call us at (973) 604-8868 for more information.
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