how energy-efficient upgrades can increase your home’s value

Energy-efficient upgrades can not only shrink your utility bill; they can increase the value of your home.

Have questions about ee upgrades on your home?  In SoCal contact the appraisers at www.scappraisals.com.

Homebuyers are becoming increasingly aware of the benefits of energy-efficient homes. In fact, they’re often willing to pay more for homes with “green” upgrades, says Sandra Adomatis, a specialist in green valuation with Adomatis Appraisal Service in Punta Gorda, Fla.

Just how much your home will increase in value depends on a number of factors, Adomatis says, like where you live, which upgrades you’ve made and how your home is marketed at sale time. 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, according to a study from Build It Green, a nonprofit based in Oakland, Calif., that works with home professionals. Upgraded homes in Washington, D.C., saw a 2 percent to 5 percent increase in 2015, according to a study Adomatis authored.

read more at: http://www.chicagotribune.com/classified/realestate/ct-energy-efficient-upgrades-home-value-20161027-story.html

disclaimer: for information and entertainment purposes only

 

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