Disclosure: This is a collaborative post.
If you want to get your foot on the real-estate ladder, make sure the property you buy is energy-efficient so you can save money on utilities while also helping the environment. New construction or structures with a modern HVAC system and smart features are appealing options.
If you are particularly concerned about the environment, you may want to investigate renewable energy sources such as solar panels and local community solar initiatives, as well as other energy-saving techniques. Here’s a quick overview of what to look for when purchasing an energy-efficient home.
#1 Is it powered by renewable energy?
We mentioned solar panels before since they are the most prevalent kind of renewable energy. It not only decreases the environmental effect of you and your home, but it can also save you a lot of money in the long term. Some people may be eligible for grants or tax credits if they install solar panels, and certain energy companies will ‘purchase’ any excess solar energy you generate, so you may even make money. Wind power is another alternative, though it is unlikely to produce enough energy to power a home on its own. You could also think about water conservation methods to reduce your water expenses.
#2 Is it well-insulated and made of environmentally friendly materials?
The value of insulation in increasing the efficiency of your home cannot be emphasized. Heat is quickly lost through the roof, floor, windows, and walls of a house. Your real estate agent should be able to inform you about the type of insulation placed in the home. You can also inquire whether the structure was built with environmentally friendly components such as repurposed wood.
#3 Is it ready for smart technology, or can you install it yourself?
Smart home features are the most effective way to monitor your energy consumption. A smart home system’s key advantages are automated settings, remote access, and smart appliances. All of your smart home’s functionalities, such as your thermostat, electrical appliances, and lighting, may be managed by a single device, such as your smartphone. Home automation is the most recent advancement in energy-saving technology, and it is becoming much more common in current homes as a result of the internet of things (IoT).
#4 Is the HVAC system up to date and energy efficient?
When purchasing a home, one of the most important factors to consider is the heating, cooling, and ventilation system. If your plumbing and heating systems are out of date, you may have to pay for costly repairs or replacements in the future. They will also be less efficient, potentially leading to increased prices. It is also a good idea to get HVAC services done to inspect the system and which will aid in the prevention of mold and the circulation of clean air. Talk with your agent about the property and learn everything you can about it. You can even request to see previous utility bills to get an approximation.
Not only is an ecologically friendly home better for the environment, but it can also save you money on energy expenditures. If you tell your real estate agent about your preferences, they will be able to find you a more energy-efficient property that is also within your price range.