AgentMarketing

Are smart and sustainable homes really worth more?

Yes, millennials, parents and other homebuyers say they will pay more for those features
  • Homebuyers are willing to pay more for homes with solar panels.
  • Millennials see home automation features as a selling point.
  • Smart and sustainable home technology can add value and help sell a home faster.

Thanks to technology and increased environmental awareness, homes can be smart and sustainable as well as cozy and modern. Before putting a house on the market, homeowners should consider smart and sustainable upgrades. This might be new terrain for many homeowners, and they might not know whether smart or sustainable features will increase their resale value more. Here is some insight you can share with them. Sustainable home upgrades pay off This year, sustainable homes are expected to represent one-third of the total housing market, and about 90 percent of all residential construction will include sustainable building elements such as energy efficient appliances and hardware. According to the 2015 Green Building Economic Impact Study, by 2018, green residential construction is estimated to be a $100 billion industry. This is great news for those who already own homes with sustainable features such as solar panels -- especially if they’re looking to sell. Additionally, the ...