Energy Efficiency Boosts Home Resale Value

How energy-efficient upgrades can increase your home's value

November 1, 2016 (Associated Press via Tulsa World)

"Energy-efficient upgrades can not only shrink your utility bill; they can increase the value of your home…Just how much your home will increase in value depends on…where you live, which upgrades you have made, and how your home is marketed…The length of time to recoup the costs of green upgrades also depends on the energy costs in your area. In 2014, upgraded homes in Los Angeles County saw a 6 percent increase in value…Upgraded homes in Washington, D.C., saw a 2 percent to 5 percent increase in 2015…Consumer Reports suggests that upgrades like a gleaming new kitchen or a finished basement may give you more bang for your buck than energy-saving features. But if going green appeals more…[Start with] a quick energy assessment or a more thorough energy audit…The cost varies depending on location and who is providing the service…Once you know where you can improve your energy use, begin by making the changes that are most affordable and have a quicker payoff…[C]ommon energy upgrades, from least expensive to most…[are new insulation, new appliances, new heating and cooling systems, new windows, and solar panels]…If you weigh the costs and savings carefully, going green can be worth the investment.” click here for more

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