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InFluential_Magazine_May_June_2017

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IN FLUENCE<br />

Green Living<br />

5THAT CAN HELP SELL<br />

YOUR HOME FOR MORE<br />

DEMAND<br />

REMAINS HIGH FOR<br />

ENERGY-EFFICIENT,<br />

ECO-FRIENDLY<br />

HOME FEATURES,<br />

ACCORDING TO<br />

A SURVEY BY<br />

THE NATIONAL<br />

ASSOCIATION OF<br />

HOME BUILDERS.<br />

IN FACT, THE<br />

MAJORITY OF<br />

BUILDERS NOW<br />

PUT ENERGY-<br />

EFFICIENT WINDOWS,<br />

HEATING AND<br />

COOLING SYSTEMS,<br />

THERMOSTATS AND<br />

APPLIANCES IN THEIR<br />

CONSTRUCTION,<br />

THE SURVEY SAYS.<br />

GREEN HOME IMPROVEMENTS<br />

I<br />

f you’re selling your home<br />

and hope to compete<br />

with new construction -<br />

as well as set your house apart<br />

from other resales- making green<br />

improvements could significantly<br />

pay off. “Updating your home with<br />

green features can attract more<br />

buyers and even increase your home’s<br />

sale price,” says Geoff Lewis, president<br />

of RE/MAX, LLC. “Buyers are not only<br />

looking for cosmetic upgrades,<br />

they also want improvements that<br />

will help save them money for as long<br />

as they live in the home.”<br />

Some green projects you can easily<br />

accomplish yourself, like replacing<br />

less efficient light bulbs with compact<br />

fluorescent light bulbs or LEDs<br />

throughout the house, or installing<br />

a programmable thermostat. Other<br />

improvements may require professional<br />

expertise but can result in even<br />

bigger payoffs.<br />

Here are five popular green home<br />

improvements that could help boost<br />

your home’s resale value, and save<br />

you money until you’re ready to sell:<br />

Windows: Replacing older windows<br />

with ENERGY STAR-rated<br />

high-efficiency windows could<br />

lower your annual energy bill as<br />

much as 12 percent, according<br />

to the United States Department<br />

of Energy. What’s more, ENERGY<br />

STAR-rated windows may qualify for<br />

a tax credit of 10 percent off the<br />

cost of the windows.<br />

Insulation: Most homes in the<br />

U.S. don’t have enough insulation,<br />

according to energystar.gov.<br />

Adding insulation and sealing air<br />

leaks could reduce annual energy<br />

bills by 10 percent. At the time of<br />

resale, adding fiberglass insulation<br />

in the attic could recoup 107<br />

percent of the cost, according to<br />

Remodeling <strong>Magazine</strong>’s Cost vs.<br />

Value report.<br />

Front Door: It’s a key part of<br />

your home’s curb appeal and the<br />

last exterior feature homebuyers<br />

see before entering your house.<br />

However, a front door needs<br />

to do more than look good.<br />

Replacing an older, wooden door<br />

with an energy-efficient, secure<br />

steel door recoups more than 90<br />

percent of its cost when you sell<br />

your home, according to the Cost<br />

vs. Value report.<br />

34 FLUENTIAL MAY / JUNE <strong>2017</strong>

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