Maximizing the Value of an Eco-Friendly Home


EcoFriendlyFeaturesOCT

June 24, 2015

In this day and age, our environmental impact is something many homeowners and tenants are concerned about. When in the housing market, people want to be environmentally friendly but also take economical factors into consideration. There has been a giant increase in green technological innovations and “eco-features” over the past few years that can both save money and increase the value of your home. The products and methods have also become more and more affordable, making these options reasonable for the average homeowner. Depending on the energy use of each home, some options save more than others. The above graphic provides a few eco-friendly features and what kind of savings the products can produce.

There are many different aspects of a house that can contribute to its environmental footprint. The best eco-friendly homes use alternative energy and are energy efficient. The houses are made or remodeled to use recyclable or sustainable materials, conserve resources and energy, and make less waste. Depending on where you live in San Diego (inland or coastal), harnessing the sun or wind can produce usable household energy. Proper insulation and energy efficient windows and doors keep your AC and heating bills down. North County Property Group recommends energy efficient appliances that are Energy Star rated, which have an immediate impact on lowering utility bills and conserving energy. These energy saving appliances will also be attractive features of a home to prospective renters or buyers of your property. There is even funding provided by the government and tax breaks for certain eco-friendly features (https://www.energyupgradeca.org/en/).

To know if the improvements are economically beneficial, you must calculate the payback period, which is the length of time it takes the feature to pay for itself in energy savings or in an increase in rent which can then be charged to the tenant. For instance, if the feature is a little costly to start but pays for itself in six months, the benefits can quickly outweigh the costs.

With a little research and math, you should be able to find out if there are any green improvements that can benefit your property and your bottom line. Hopefully, increasing green living can lead to great green savings and maximizing your property value and income.

Located in Del Mar (Carmel Valley), California, North County Property Group provides real estate sales & leasing,  property management, and vacation rental services in the various communities throughout the greater North County San Diego area (click here to see communities served). 

For more information about North County Property Group, visit http://www.ncpropertygroup.com, or contact the company at 12526 High Bluff Drive, Suite 145, San Diego, CA 92130, USA; Tel: 858.792.5797; Fax: 858.777.5451; E-mail: info(at)ncpropertygroup(dot)com to learn how we’re redefining Del Mar real estate sales and leasing, property management, and vacation rentals in North County San Diego.

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