Studies show that if a property isn't designed to be energy-efficient, it's not as desirable to buyers, especially those who want to purchase a home for the first time. The "green movement" is the reason for this trend and it has steadily gained momentum over the last 10 years. The green movement has given birth to a new way of commerce designed to increase property value and lower home-energy expenses.
Common products that help make homes green include solar paneling and energy-saving light bulbs. These products are still at a premium, price-wise. Although new and existing green certified homes cost more, 8 percent and 30 percent, respectively, this reality hasn't slowed down the demand. A matter of fact, new homeowners are looking past the initial price because they know that these homes offer perpetual energy savings once purchased. Green real estate properties in Owen Sound can add thousands of dollars to the resale value.
As a homeowner, you can take a few easy steps to make your home more green today. Install energy-efficient light bulbs. These are pricier than the regular fluorescent bulbs, but you'll realize the savings quickly because you won't have to replace them as often. These bulbs use less electrical energy, so your electric bill may reflect a notable savings as well. Of course, this depends on how many you've installed and how you use them. Other green movement ideas include installing heating-cooling thermostats that are programmable and Energy Star appliances.
Consider getting a professional home energy auditor to help you determine where the largest gaps of wasted energy are in your home. If you make changes there, over time, you'll see the real value in long-term energy-efficient savings.
Research which government programs offer rebates or other incentives to homeowners who make energy saving updates to their homes. Inquire before you invest in large-scale renovating so that you'll know what your options are ahead of time.
In addition, contact an Owen Sound real estate agent to learn more about increasing the value of your home through green movement industry practices. Since real estate agents specialize in selling homes, they can give you some professional insight on energy-saving trends in the housing market. These specialists are excellent resources with knowledge that you can draw upon. Many agents are happy to give you special advice on home improvement trends that focus on saving energy.