Posts Tagged ‘home value’

Home values increase with energy-efficiency and renewables

May 2, 2011

A NY Times article this week pointed to some less than good news for those with equity in their homes:  Home prices fall again.   

But there are ways to increase the value of your home.  Laura Stukel touched on this in her post a couple of weeks ago.  And a study released by Lawrence Berkeley National Laboratory (LBNL) this week points to solar—in addition to energy efficiency—as boosting home value. 

This is good news, and it reflects the obvious-sounding anecdotes we’ve been hearing for a long time from our customers.

With the benefits aligning (and energy prices rising), the question has increasingly become how can you afford not to make your home more energy-efficient?

Cheers,
Mike

What if home improvement paid you back?

April 20, 2011

Each year, Remodeling Magazine and Realtor Magazine team up to produce the Cost vs. Value report.  The study looks at remodeling costs and resale value for more than 30 common home improvement projects.  But the report is missing one thing.  What about payback?

Many of the projects could be tweaked just a little to include some energy efficiency improvements at the same time. It’s a super-smart time to add these steps while drywall is already off and walls are already open – you cut the dust and prices later over doing these same improvements as stand alone projects.  These upgraded projects would potentially add not just value, but offer savings through reduced energy costs.

Check out this payback case study from Chicago.  The example shows how a few extra project steps could really save money through energy savings.  Let the examples inspire your own home remodeling projects!


%d bloggers like this: