Published on October 29, 2021, at 10:48 AM Eastern Time
Attention, homeowners-now that environmentalism has finally gained the appeal it deserves, you can take advantage of it through various ecological upgrades to add value to your house. Money.co.uk's mortgage experts recently shared a report with Green Matters, which includes simple house renovations that can add more than $38,000 in value to your lovely residence. So do your bank account and the planet a favor and see what you can do.
Described as the "most profitable ecological feature", draft proofing is a super simple solution, with an average cost of only about $269-but it can add up to $4,044 in value to your home. According to the Energy Conservation Trust Fund, the airflow allows cold air to enter, dissipates heat, and wastes money and energy. However, controlling your ventilation and insulating your home can do wonders in terms of absorbing heat in winter and cool air in summer.
Thermostat installation is obviously the second most important home decoration for home buyers. The average installation cost is approximately US$289, but its perceived value is approximately US$4,040. According to Clime Sense, knowing the temperature in the house and being able to manually control it can prevent energy waste, especially when you turn off the air conditioning and heating when you leave the house, and turn it back on when you return.
The third most valuable ecological installation in this list is the installation of smart meters. Costing US$67, installation takes about an hour, and it can add US$3,692 to your home. Although the energy meter does not save energy, according to Maxim Integrated, it tracks your consumption so you can better understand your impact at home-this is indeed something that all of us can use when we are not at home Keep paying attention to it from time to time, or if you don’t have solar panels.
This is a very obvious problem-as electric cars become more and more popular, every new house or house should have an electric car charging port. It can add about $3,521 to your home and promote the use of electric vehicles. Maybe your next home buyer will be inspired to buy an electric car.
The average cost of a low volatile organic compound (VOC) paint added to your home is about $129. VOCs are intangible chemicals such as formaldehyde, d-limonene, toluene, acetone and ethanol, which will evaporate and stay for many years. According to Better Homes & Gardens, they can cause central nervous system problems and even certain types of cancer, and can affect ozone depletion. In other words, low-VOC or zero-VOC coatings are the only way to go.
Maintaining a biodiversity garden can create an environment for bees and other local wildlife. Fortunately, if you want to put a house on the market, this is a huge selling point. The average cost of building a house is approximately US$672, which can add nearly US$3,400 to your house. Needless to say, this is of course something to consider (it will add some breath to your backyard-what could be better than this?).
The average installation cost is only US$403, and the value increases by US$3,110. The Energy Star ceiling fan is certainly worth your time. As an environmentally friendly alternative to air conditioners, they reduce greenhouse gas emissions. According to the brand, they are 60% more efficient than other types of fan lighting devices.
The average cost of installing energy-saving light bulbs is US$235, which adds more than US$3,000 to your home. Energy-saving light bulbs are an easy way to reduce the impact. According to SFGate, a CFL or LED bulb can save about $40 during its life cycle and will greatly reduce the amount of energy you use.
According to Energy.gov, unlike storage water heaters, tankless water heaters can avoid any standby heat loss. Although they cost about $1,260 to install, they add about $3,000 to your house—and they reduce energy waste considerably.
According to Precision Air and Plumming, evaporative coolers are more environmentally friendly than air conditioners because they emit less carbon dioxide. They also reduce noise pollution, which is ultimately a victory for your local ecosystem (and home buyers!). They add $2,969 to your home, and the average installation cost is just over $700, so it's worth considering.
There are many other ways to add value to your home through environmental upgrades. Both biomass boilers and condensing boilers are more environmentally friendly than other varieties. In addition, water purification and-of course-solar panels are the way to go. Really, any eco-friendly feature will make your house more popular and will reduce the impact of you and your future home buyers. Bottom line: You really can't go wrong.
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