CINCINNATI, OH (March 25, 2014) – When potential buyers are considering a new home, they are no longer just looking to see how many bedrooms and bathrooms it has or if the kitchen is updated. Buyers now also want to know if the refrigerator has an Energy Star designation, if the toilets are low-flow or if the windows are energy efficient. Environmentally friendly amenities are becoming more important to buyers than ever before.
According to the National Association of Realtors, ninety-two percent of all home buyers consider energy efficiency to be somewhat important with 46 percent of all home buyers ranking energy efficiency as very important when considering a home for purchase.
“A series of small, simple changes really add up in terms of energy savings and can be very attractive to homebuyers,” said Joe King, president of Coldwell Banker West Shell. “Making your home eco-friendly is a great selling feature. Plus, you and the environment can benefit from the upgrades.”
Here are several steps towards green living:
Upgrade to energy efficient windows. Double-pane windows can reduce your utility bill by as much as 10 percent, making upfront replacement costs a worthwhile investment.
Go with low-flow bathrooms. Low-flow toilets and showerheads can reduce water consumption by as much as 50 percent.
Install tankless water heaters. Because they don’t store water and nor reheat consistently, tankless heaters can save up to 50 percent on a hot water bill.
Update the kitchen and utilities with Energy Star Appliances – The upfront cost for Energy Star appliances will quickly be mitigated by energy savings. These appliances use anywhere from 10 to 50 percent less energy.
Pay attention to your insulation. By upgrading your insulation to a higher R-value, or thermal resistance, energy costs will drop. Begin by tackling the attic and unheated crawl spaces, then bolster energy savings further by sealing ducts, caulking, and weather-stripping.
Across Ohio, Coldwell Banker West Shell and Coldwell Banker King Thompson have 19 offices and over 1,100 sales associates serving central Ohio, greater Cincinnati, northern Kentucky and southeastern Indiana. The companies are part of NRT LLC, the nation’s largest residential real estate brokerage company. NRT, a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), operates Realogy’s company-owned real estate brokerage offices. For more information, please visit www.CBWS.com.