If you have an interest in the real estate market, you’ve probably noticed that there is a trend toward eco-friendly home upgrades. With an eye to future energy expenses, people are often willing to spend more on a home that has eco-friendly features. Here are a few popular eco-friendly technology upgrades you can add to your to home to improve its resale value.
Smart Programmable Thermostat
For the average homeowner, half of their utility costs come from heating and cooling their home. By installing a smart programmable thermostat, you can more easily regulate the temperature of your home to lower your costs. This type of thermostat can learn your heating and cooling preferences to keep your home at the optimal temperature. This upgrade is both a convenience factor and an energy-saving option that will appeal to home buyers.
Tankless Water Heater
When it comes to heating, your water heater is probably the second or third most costly feature of your home. Traditional water heaters store water and keep it hot until you need it. Tankless water heaters heat the water on demand, so you are only generating heat when you need it.
Solar Panels for Electricity
There is no better way to lower your electricity expenses than by getting electricity free from the sun. By adding solar panels to your roof, you will generate electricity on sunny days that can be stored and used as you need it. In many cases, the power you don’t use can be sold back to the electric company as a credit on your bill.
Thermal Air Conditioning
Balancing comfort with a reduction in energy cost can be a challenge. But, thermal air conditioning is a fantastic option if that’s your goal. Rather than getting its energy from electricity, a thermally driven air conditioner draws power from solar energy with the option of a propane or natural gas backup. This emerging HVAC technology will become more widely available over the coming years.
Reduce Phantom Loads
By installing smart power outlets, you can help eliminate phantom loads which account for up to one month’s worth of wasted energy in the United States. Some appliances continue to draw power even when they are in standby mode. These energy vampires, like stereo systems and cable receiver boxes, can increase electricity expenses for many homeowners.
Energy Star Appliances
All sorts of appliances from your coffee maker to your washing machine can be energy hogs. If you’re considering selling your home, investing in new Energy Star appliances is a simple upgrade that homebuyers appreciate. Energy Star is a Department of Energy Program that rates appliances based on how much energy they use. If the appliances in your home are older, rather than repairing them, replacing them with new more energy efficient options is a wonderful way to improve your home’s resale value.
These eco-friendly technology upgrades are a great way to maximize the amount of money you get for selling your home. Buyers will appreciate not only the convenience of these upgrades but also the potential future energy savings they’ll see.