Add Value Before You Sell with Green UpgradesDecember 8, 2016
Energy efficient homes are becoming incredibly popular for homebuyers. If you’re looking for a way to get your Miami home sold faster, a few green upgrades may be the right way to go.
Homebuyers now understand the benefits of investing in energy efficient windows, duct sealing, insulation and even solar energy. Anything with the ability to reduce utility bills and provide a healthier environment makes for great selling points.
Did you know 90% of homebuyers prefer an energy efficient home and will even pay a bit more for the home, according to the National Association of Home Builders? Even the mortgage industry is seeing the value in energy efficient. Many FHA borrowers qualify for larger mortgages now for homes with a score of six or higher from the US Department of Energy’s Home Energy Score. Other lenders are also offering options for green homes.
If you’re looking to sell your home, upgrading to make it more energy-efficient will go a long way. Here are a few ways to ensure you get the most out of your home when you sell it in Miami.
Start with the Right Realtor and Appraiser
Getting the most out of your home when you sell it starts with the right realtor and the right appraiser. You want to know the current value and what these professionals think will provide the most value when you sell your home. Whether you’ve already upgraded for more energy efficiency or you’re looking to upgrade before selling, a realtor and an appraiser can give you a look at what the current value of your home is and recommend upgrades to add value before you sell.
Have the Efficiency Score Measured
Another way to see where you’re at with your home is to have the Energy Performance Score measured. Once you know the score, you will know how energy efficient your home is and how you can make it even more energy efficient before selling. You can even do a comparison between your home and others in the area.
While telling potential buyers you have added energy efficient windows and upgraded the insulation, having the HERS (Home Energy Rating System) Index score speaks volumes to buyers. In addition, it will also allow you to see where you stand and which upgrades could increase your HERS score.
Choose Your Upgrades and Document Them
After you’ve gone to the professionals and you have a good idea of what’s necessary to make your home energy-efficient, it’s time to make the upgrades. When you go through this process, make sure you document all the upgrades. This will help when you get the home appraised during the selling process.
Some of the best upgrades you can make to your home to make it more energy efficient includes:
- Upstairs Insulation Upgrades
- Seal the Duct Work
- Add a Smart Thermostat
- Upgrade Old Windows with Energy-Efficient Windows
- Upgrade to Energy-Efficient Doors
- Add Energy-Efficient AC Units
- Install High-Efficiency Water Heaters
- Add a Solar System
If you want to make sure you get your Miami home sold fast, give the buyers what they want. Upgrade your home to make it green and you might just end up with a bidding war.