Real estate prices are beginning to level but energy prices continue to soar. Energy efficient homes are in high demand and will continue to rise as home buyers become increasingly conscious of the impact on utility bills and the environment. No wonder when you consider the fact that, according to Energy Star, the average annual utility bill for a single-family home is $2200. Combined with the overwhelming prevalence of existing homes compared with new homes, circumstances are ideal for partnership and action. Consider these statistics:
The average homebuyer is willing to pay $7095 more for a house that would cost $1000 less in energy costs per yr. (NAHB, 2012)
Of more than 120 features rated as “essential/must have,” “desirable,” “indifferent,” or “do not want,” a total of 11 were rated as essential by 85 percent or more of home buyers. This “most wanted” list shows buyers are most interested in two themes: energy efficiency and organization/storage in their homes. (NAHB, 2012)
The Department of Energy (DOE) and the National Association of Realtors (NAR) have already struck an agreement to help Real Estate Agents become more knowledgeable on the benefits of energy efficient homes. Follow this link for additional information – DOE and NAR Partnership
NAR and the DOE recommend utilizing RESNET certified organizations to learn more about Energy Audits and their benefits
Fan Man is a RESNET certified organization and HERS Rater. We have established partnerships with Bonterra Builders, Home Depot, and multiple real estate professionals in our service areas. If you are a broker, builder, or contractor interested in making your home more marketable and energy efficient contact us today. Real estate professionals, consider standing apart from other agents in your area, by offering an “energy audit” alongside the home inspection to your buyer clients to further understand implications for energy usage on existing/older homes.
