The best return on investment might just be hidden in green and sustainable renovations that will help future owners save money and protect the environment. So, here are just some of the many green reno ideas that will get you a good price for your property.
Boost your insulation
The best way to start your green renovation is from the outside—from your insulation! By adding proper insulation and sealing all the air leaks, an average homeowner can make their heating and cooling bills up to 15% lower.
So, make sure to check air leaks around windows, doors and other openings to boost energy efficiency and lower costs. Some weather stripping and caulk can help you seal these weak spots and make your home more attractive to environmentally-conscious and energy-savvy buyers.
Give your walls a fresh coat of paint
If you want to kill two birds with one stone, you must give your home a repaint with low- or zero-VOC paints. If you choose a nice neutral color, you’ll freshen up your interior and make it look larger and airy.
However, most traditional paints are full of volatile organic compounds that off-gas and pollute your indoor air.
These VOCs can cause headaches, respiratory issues and all sorts of other irritations. Luckily, there are low- or zero-VOC paints that come in all colors imaginable and are much better for the home’s residents and the environment! Your green paint choice will definitely attract smart and health-conscious buyers.
Become energy efficient
If your HVAC system has seen better days, feel free to retire it and replace it with a new model that will help you and the future owners save a lot of energy! Also, try replacing your water heater too. For only around $5,000 ($7,000 for the product and installation, minus the $2,000 in a green tax return) you can get an energy-efficient heater that will save you up to 80% on your water-heating expenses.
Another thing you can do is invest in solar energy. Right now is the best time to go solar, because panels are at their cheapest, most effective and aesthetically pleasing. Solar panels combined with high-quality SMA inverters will provide you with clean and free energy that will make you more energy-independent and help you save a lot of money. Many real estate agents and appraisers don’t understand it yet, but these energy-saving renovations and additions make your home much more desirable and valuable!
Renovate your kitchen
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The renovation with the best return on investment is probably the kitchen reno, especially a smaller one. Also, the kitchen condition and aesthetic appeal is a major factor for many homebuyers, so you really have to freshen up your kitchen!
Start with updating your old appliances with new, energy-efficient ones that waste much less energy and water.
Follow these updates by installing eco-friendly countertops (stone and concrete) and opt for new, durable floors. For instance, ceramic tiles or concrete can last practically forever and require very little maintenance. Additionally, these materials don’t contain any VOCs!
Let there be light
If you want to boost natural light in your home, you might want to take a look at beautiful skylights and light tubes. These can bring sunshine even to the darkest of interior rooms and even boost the aesthetics of your space. You can also replace all your artificial lighting with energy-efficient LEDs that will give you pleasant illumination without wasting too much energy and emitting unwanted heat!
Take care of your entrance
Not much can impress your buyers like a well-designed entrance. So, make sure to treat your home to some new and modern doors that will enhance your home’s appeal and give you a good return on investment. Opt for well-insulated steel doors, preferably ones with an Energy Star label to ensure good insulation and complete seal.
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