Does Your Older Home Need To Be Retrofitted Before You Sell It?
More often than not, a newer home will offer more energy efficient features aimed at curbing rising utility costs. So, in order to compete with these homes, you may need to update some features in your home in order to sell it.
On a day-to-day basis I see more buyers asking about “green” features such as tankless water heaters, upgraded insulation (higher R value or spray insulation) and low flow plumbing fixtures.
As builders have begun to make a point of touting these features in their new construction homes, buyers have begun expecting to find them in resale properties as well.
Upgrading an older home can be expensive, but panelists at the REALTOR Conference & Expo which was recently held in in Anaheim said, “Green upgrades aimed at energy efficiency continues to get more recognition in the real estate business as more home owners look for ways to curb rising utility costs as well as potentially increase the resale value of their home.”
With this being the case, it just makes sense to make these updates now, for your own enjoyment, and then reap the benefit should you decide to sell.
Please contact me if you need a reference for an Energy Assessment Professional.
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