Netter Real Estate Inc
Richard Bocchieri, Netter Real Estate IncPhone: (631) 848-0748
Email: [email protected]

Green Features: What Buyers Are Looking For

by Richard Bocchieri 07/07/2020

Photo by Sumanley xulx via Pixabay

Homeowners looking to get top dollar for their house often invest in improvements to make their home more appealing to prospective buyers. Sure, they can slap up a coat of paint and make other minor cosmetic improvements, but these won’t necessarily increase their home’s value.

In a survey conducted by the National Association of Realtors®, eco-friendly homes and energy-efficient products are in high demand with 59% of realtors® responding homeowners were “very” or “somewhat” interested in sustainability. Agents also indicate promoting energy efficiency in their listings increases buyer response.

Adding Energy-Star rated appliances is a great start—here are other top green features you can consider adding to your home.

1. New Windows and Doors

Older windows and doors allow drafts, burning extra fuel and electricity for heating and cooling.  Installing Energy-Star rated (or triple-pane, glass, insulated) windows and a high-quality door promote energy efficiency. As a bonus, they boost a home’s resale value. Homeowners who install windows see a return of investment (ROI) of roughly 70% and steel doors about 75%. They also save 7% to 15% on their energy bill after the installation. Not a bad ROI!

2. Add a Solar Water Heater

Solar water heaters cost between $6,000 and $17,000, so it’s not a cheap upgrade, but you might want to consider this investment. Solar heaters increase the value and marketability of your home and can add a 4% to 4.5% resale value. Plus, you’ll save on your energy bills while you’re still in your home.

3. Replace Bathroom Fixtures

Toilets, sinks, and shower heads installed prior to the mid-1990s are water hogs and don’t meet current federal, water-saving standards for fixtures. The U.S. Department of Environmental Protection Agency recommends homeowners buy fixtures with the “WaterSense” labels. With these upgrades, you can save big on water and on utility bills. Some statistics suggest even minor bathroom upgrades will bring you a 102% ROI. A renovated kitchen and bathroom definitely perk a buyer’s interest, but these days energy-efficient upgrades will get you a better ROI than the usual remodels.

4. Upgrade Insulation

The quality of home insulation matters because it has a direct impact on your heating and cooling bills. Angie’s List reports two-thirds of homes in the U.S. aren’t properly insulated. Homes over 10 years old are likely not insulated to current standards. If you want to upgrade your insulation, a good place to start is in the attic because you can recoup 116% of your costs.

By adding green features, you’ll increase your home’s appeal and better solidify your asking price. If you want to learn more about Energy Star appliances or how green features add value to a home, feel free to reach out!

About the Author
Author

Richard Bocchieri

Welcome to Long Island Living at its best! The South Shore of Suffolk County is a suburban area that runs along the shoreline of the Atlantic Ocean. Homes in this area consist of primarily residential properties. This area tends to be diverse in culture and income as it varies by hamlet, village or town. Residents along the South Shore have access to many beaches, parks and recreational activities. I pride myself on my honesty, integrity, hard work and personal service. My first career was in education, starting as a teacher then finishing as a guidance counselor and achieving my Master’s and two PD's. In 1986, I began my real estate career. In a sense, I am still an educator and offering guidance; this time I am outside of the classroom educating my clients on the selling and purchasing processes; which have become so complicated recently and guiding them safely through the confusing and ever-changing real estate market. It is very satisfying to me to help people with not only the greatest financial asset in their lives but their greatest emotional asset; where they celebrate holidays, raise their families and live their lives. I take the needs of my clients very seriously and as a result, I am proud to say, over 90% of my sales are the result of referrals and recommendations. Primarily, my areas of service are the Townships of Babylon and Islip on Long Island’s beautiful South Shore, near pristine beaches and wonderful boating, yet only 55 minutes from Manhattan; truly the best of both worlds. I'm a graduate of the Real Estate Institute and am certified as a Senior Real Estate Specialist. I also hold a license as a Notary Public. Please feel free to call or visit so I can help you fulfill your real estate dreams. I am a Full Service Licensed Real Estate Associate Broker and provide the following: Free appraisal Rental Mortgages International relocation services Sales Home warranty New homes Free school report Water front specialist Notary public Please feel free to call or visit so I can help you fulfill your real estate dreams.

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