Eco-Friendly Boston Condos
Boston Condos for Sale
Eco-Friendly Boston Condos
How Eco-Friendly Features Can Boost Your Home’s Value
Placing your Boston Seaport condo for sale? Or just looking to increase the value and appeal of your Boston condo for when you do? Here’s something you should know – condo buyers are increasingly looking for homes with environmentally friendly features.
What Energy Efficient Features Do Buyers Want?
According to recent data from the National Association of Realtors (NAR), when buyers think about eco-friendly features, they’re looking for (see visual below):
- Heating and cooling costs: 82% of buyers consider heating and cooling costs to be one of the most important factors when looking for a home. And efficient heating and cooling systems with programmable thermostats can significantly lower monthly energy bills.
- Windows and doors with proper insulation: These help maintain comfortable indoor temperatures without overworking the HVAC system, which turns into saving on energy bills.
- Energy-efficient lighting and appliances: These can save money on utility bills and reduce a home’s overall energy use too.
- Commuting costs and environmentally friendly community features: Living in a community designed with energy-saving amenities and shorter commutes can reduce expenses and environmental impact.
- Landscaping for energy conservation: Strategically placed trees and shrubs can lower cooling costs in the summer.
- Solar panels: Solar panels can also provide long-term savings and are an attractive feature for eco-conscious buyers.
The common theme? Environmentally friendly features are popular with buyers because they help them save money and make homes more comfortable to live in. But making some of these updates before you sell your house doesn’t just benefit buyers – it’s worthwhile for you too.
How Green Features Benefit You
If your appliances or systems are aging, upgrading them now means you can enjoy the savings and comfort while you’re still living in your Boston Seaport condo
The U.S. Department of Energy has introduced Home Energy Rebates, which can provide households with up to $14,000 in savings on energy-efficient upgrades. This includes insulation, duct sealing, heat pumps, and more. These rebates make it more affordable than ever to improve your home’s efficiency.
Then, when you decide to sell, you’ll reap the rewards again. Energy-efficient homes stand out in a competitive market and appeal to the growing group of environmentally conscious buyers.
Studies also show that homes with energy-efficient upgrades, like those with high-efficiency HVAC systems or modern insulation, are more desirable for buyers- and they generally net a higher price. Research from Freddie Mac found that homes with high energy-efficiency ratings sold for 2.7% more on average than homes without these upgrades.
Work with a Real Estate Agent to Maximize Value
Not sure which upgrades to prioritize? That’s where a local real estate agent comes in. They can help you identify the eco-friendly features that buyers in your area value most. Whether it’s adding Energy Star appliances or improving insulation, they’ll guide you in making the best choices for your house and your budget.
Boston Condos and the Bottom Line
Making environmentally friendly upgrades can pay off in more ways than one. You can enjoy saving on energy bills and improved comfort now. Additionally, you’ll have the satisfaction of knowing you’re contributing to a more sustainable future while adding value to your home. Ready to learn more about how you can make your house stand out? Contact a local real estate agent today.
Improve insulation for better energy efficiency
Remove toxic chemical cleaning products
Try green alternatives to building materials
Include elements that help conserve water
Having an eco-friendly Boston condo seems like an idea we should all strive for. As a Bostonian I enjoy the outdoors, and do my best to take care of the environment, but sometimes when it comes to living in my Boston condo I’m not quite sure how to make a substantial change. The truth is, I can’t install solar panels or wind turbines-I think the Beacon Hill condo association would have a hard time with that. But here is a few things we can all do:
Change your Lightbulbs!
LED lighting uses significantly less energy, and produces light levels comparable to traditional lighting. LED bulbs have a lifespan of 50,000 hours, and only use 10 watts of energy. Installing LED lighting in your home is a quick and easy way to make a big change in terms of efficiency, and cost.
Water Conservation
Turning off the water in the sink while you brush your teeth, and trying to take shorter showers are both good ways to conserve water, but investing in eco-friendly low-flow toilets, and tankless water heaters are even better. Eco-friendly toilets use-less that one gallon of water to flush, and for an average 3-bedroom home, that can save you 6,000 to 9,000 gallons of water annually. Tankless water heaters only heat water on demand and are therefore 34% more efficient than traditional water heaters. You can even use rain collection barrels to collect rainwater as an alternative source of water for your yard.
For those who live in a single-family home, the chart below lists more ideas you can implement.
Contact me to set up an appointment to start your Boston condo-buying process.
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Updated Spring/Summer: 2020