Eco-Friendly Renovations to Increase the Overall Value of Your Home

Posted On Tuesday, 20 October 2020 20:54

When most people are looking to sell their homes, they’ll start hiring contractors to do renovations to get it ready to sell. There are certain things homeowners can do on their own like painting rooms or pressure washing their driveways, but certain projects require the hands of professional contractors.

Now, in hiring contractors, most homeowners will stick to the traditional renovations that increase value, like granite countertops, hardwood floors, upgraded fixtures, kitchen and bathroom remodels, and structural repairs. It’s rare that eco-friendly renovations enter the minds of your typical homeowner.

For eco-friendly homeowners looking to move, eco-friendly renovations are at the forefront of their minds. And honestly, it’s rare that eco-friendly homeowners look to move simply because they make major eco investments in their homes. Take the state of Texas for example…

Because Texas gets lots of sunshine and has great weather, it’s not uncommon to see homes with solar panels on their roofs. To add to that, residents will take the time out to search for Texas cheapest energy suppliers of alternative electricity instead of resorting to electricity generated from fossil fuels. So for an eco-friendly homeowner to move, it’s typically for some type of important reason because they make such huge investments in their homes.

But it does happen and they indeed do make green renovations to help the next homeowner live a cleaner and happier life after them. But for typical homeowners, green renovations is just something that doesn’t enter their thought processes, and that’s okay. 

If green renovations is something you’ve never thought about, you’re going to find out just how beneficial they are to your home’s value and the different types of green renovations you can do to boost the value of your home.

Let’s Talk Numbers

According to lawdepot.com, most people think that the more you put in your renovations, the more you’ll get out of them, but that’s not necessarily the case most of the time. In fact, the smaller, cheaper, and eco-friendly renovations are the ones that bring you the biggest return on investment.

Studies have shown that green homes actually sell more than 3% higher than traditional homes. To add to that, certain green renovations actually net nearly 100% of their initial costs. This drive in green homes is only going to increase. According to the International Energy Agency, only 2% of the world uses solar energy, but by the year 2024, solar energy will make up 60% of the world’s source of power. 

So, yes, you can do all you can to be more sustainable at home but investing in eco-friendly renovations now will prove to be very lucrative when you’re ready to sell. People are willing to pay a higher price tag for these homes.

So now that you know how green renovations increase property value, you now need to know which green renovations to do to get the biggest return on investment. To help you get started, here’s a list of some of the top eco-friendly renovations to increase your home’s value the most.

Lucrative Green Renovations to Boost Home Value

Skylights

Skylights mean you’re going to have to get some work done on your roof but they prove to pay off in the grand scheme of things. Skylights are windows on your roof. They let more natural light inside your home and they actually keep your home warmer, which, in turn, reduces your energy consumption during the day. This is a house feature potential home buyers love to see when house hunting.

Green Flooring

This is one of those facets where homeowners think they need to invest in granite tiles or marble flooring to boost the value of their home when the truth of the matter is that they more than likely won’t get the money back they invested in flooring. That reason alone is why it’s much better to invest in green flooring.

Not only is green flooring more affordable but it’s also good for the environment and promotes sustainable living. With green flooring, your floors are much more durable and will stand the tests of time. Also, there’s no need for cleaning it with harsh chemicals because it doesn’t need it.

Green flooring comes in materials like bamboo, cork, and even carpet, meaning in the winter months it will keep your home nice and warm, and in the summer months, it will keep your home nice and cool. It’s also very attractive in any type or style of home.

Energy-Efficient Doors and Windows

Energy-efficient doors and windows are the main green features that eco home buyers look for. Having these types of windows and doors installed in your home will allow it to conserve energy better and it will prevent any air leaks. Plus, there are tax incentives you can get for them, so you’ll not only get an increase in property value but you’ll get that increase at a much lower cost!

These are just a few green renovations that will have a sizable return on investment, but there are many more not listed here. If you’re in the market to sell your home, give green renovations a chance… You’ll be surprised at how much you get back from your investment.

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