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Kathy S. Koops GRI

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Are Buyers Looking for Green Options in Real Estate?

filed under: Informational posted on April 25th, 2016

What “Green Options” are buyers looking for in real estate?

Many people think of windmills, solar panel and rain water collection systems when they hear “green”.  But for many or today’s home buyers “green” comes down to the simple things like insulation, energy efficient and up-to-date.  According to data from the National Association of Realtors the infographic below was released by Keeping Current Matters

Green in Cincinnati

HomeSearch

Some Highlights from NAR:

  • 11% of new homebuyers stated “energy efficient features” as the reason for their purchase- up from 9% just 2 years ago.
  • The most popular remodeling projects done for energy efficiency were insulation upgrades, HVAC replacements, and vinyl & wood window installations.
  • Research shows that word preference does make a difference when it comes to attracting “green buyers” which means that if you’re thinking about selling your “green” home -the real estate agent you select should know how to use the right key words when listing your property.

Green Remodeling Options to Consider:

  • Low-flow shower head and faucets
  • Low-flush or dual-flush toilets
  • Energy efficient lighting
  • Tankless or solar water heater
  • Energy-Star appliances
  • Low-VOC paints and wood finishes
  • Lighting controls
  • Reflective or light-colored roofing
  • Bio-based insulation
  • Double-paned or Low-E windows
  • Solar or Photovoltaic panels

And while making your more energy efficient ranks highly on buyer’s wish lists new concepts in living like Aberlin Springs an “agri community” promoting a farm-to-table living experience is coming to Morrow Ohio.  Homes will built on a working farm and while this lifestyle may not fit the true definition of “green living” Aberlin Springs is offering new concept for greater Cincinnati area residents to enjoy living in a sustainable community. (Updated info on Ablerlin Springs)

Just make sure to check out the costs associated with making your home more energy efficient are cost effective. Upgrading windows, furnaces, caulking, beefing up insulation and energy efficient appliances are pretty much standard today.  In our area solar panels may not be the best investment.

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