Prior to the last several years, one of the most overlooked ways to reduce costs in the home was to improve the home’s energy efficiency. Fortunately, thanks to competition and technological advances, tax credits and rebates, and affordable financing options, there has been a much needed increase in the awareness of the value of creating a more energy-efficient home.
A variety of signs are pointing towards this trend and to the demand for more energy-efficient homes. Both homebuyers and those looking to sell their homes are beginning to see the benefits of making energy efficiency a top priority, for the reasons that we’ve outlined below, and many others. A few of the signs include…
- The Department of Energy has completed over 42,000 home energy scores. A Home Energy Score is a quick, low-cost way for homeowners to learn about their home’s energy performance. This report will also make recommendations for energy upgrades, in addition to outlining how much these improvements will reduce energy bills and improve the home’s energy-efficiency score. Lenders such as Fannie Mae and the FHA use this score to offer additional benefits, such as additional borrowing opportunities.
- Improving your home’s comfort level and reducing energy costs can be as simple as better insulating your home. When most people think of improving their insulation, they think windows or doors first, since this is what’s visible to them, but the fact is that insulation’s impact on energy and comfort is much greater than that of windows or doors. With roughly 90% of US homes being under-insulated, according to the North American Insulation Manufacturers Association, improving insulation is a fantastic way for the majority of home owners to instantly increase their home’s comfort level. Insulation not only helps to maintain your temperature settings, but it also reduces pollutants and improves indoor air quality.
- According to the Remodeling 2016 Cost vs Value Report (www.costvsvalue.com), in Lancaster County as well as the rest of the Mid-Atlantic region, the project that provides the highest ROI is fiberglass attic insulation. The cost recouped for this project comes in at 136.5% for Lancaster, with the next closest project, a garage door replacement, sitting at 102.1%. So not only will you benefit from a more comfortable home, but when you go to sell, you’ll also recoup your costs and more!
- A better insulated home will save you money all year by holding in your heat in winter and the cool air produced by your air conditioner in summer.
As you can see, maximizing a home’s energy efficiency is beneficial to everyone, regardless of whether you are buying or selling a home here in Lancaster, PA. Norman Graham Builders has been a pioneer in this trend to better insulation, which led to our first sale of a super-insulated home.
If you’d like to learn more about the benefits of energy efficiency or a custom-built super-insulated home, don’t hesitate to contact us through email at firstname.lastname@example.org or by phone at 717-656-7336.