What?s up Green Real Estate Investors and welcome back to the Greenhabbing 101 blog.? How Energy Efficient Homes are paving the way for the future of our Housing Market!
At the height of the recession that took down most of the European economies as well as their American counterparts, efficient use of energy was one of the ways in which different homesteads were able to keep their expenditures low.? At that time, the value of different real estate properties had been reduced by an average of $10,000 and the housing market was crashing.
In fact, most people were literally suffocating under the weight of increased interest rates on their pieces of real estate as well as high maintenance costs.? Even in the midst of all these chaos, owners of green homes had a lifeline and a reason to smile.? This reason revolved around the fact that their homes were energy efficient and this meant that in the heat of things, they could save some of the much needed dollars to help sort other bills.
Most of these homes either relied on the sun for energy or the wind.? They also had recycling plants for different products including water, which meant that the owners did not need to worry about the utilities.? This is one of the highpoints of the energy efficient homes and one that attracted even more people to these homes.
There are a few tips that individuals can use to help make their homes more energy efficient.? To start with, it is advisable to replace the old boiler with a new condensing one. A new condensing boiler may cost up to $2,000 in purchase and installation.? However, it has the capacity to reduce your energy bills by one third.? This is a significant amount by any standard and can go a long way in reducing your eventual power bill.
It is also advisable to insulate your homes as much as possible.? Insulation helps keep the heat levels in the home, which reduces the cost of heating the house.? One can also try using A-rated appliances as well as energy efficient light bulbs, which are usually advertised and approved by the relevant bodies.?
However, one of the most important factors top consider is sustainability.? Whatever method you decide to use in the process of making a home energy efficient, it is important that the process is sustainable over the long term period.? Sustainability ensures that the process of efficient energy use is continuous and can be relied on over a long period of time.
If you are interested in learning more about Energy Efficient Homes and how you can increase your profits on all of your real estate deals by incorporating our Green Strategies, be sure to check out our Greenhabbing Blueprint Today!
Ryan and In The Now Investments has been able to assist over 100 investors/homeowners with decreasing their utility bills and increasing the value of their home/rehab project.
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