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Renewable energy upgrades may increase home value

Houses with upgrades in renewable energy sell faster and are a tipping point in some potential buyer's decisions.

Houses with upgrades in renewable energy sell faster and are a tipping point in some potential buyer's decisions.

The Earth Advantage Institute conducted research that showed renewable energy upgrades to homes can increase the value and help them sell faster.

The study showed that homes with third-party environmental certification sell for about 30 percent more than homes without certification, according to a Networx.com article.

Speaking to Networx, Lara Williams, a Colorado real estate broker, encouraged home owners who are interested in testing out the real estate market to upgrade to green energy products wisely and market the environmentally friendly properties appropriately.

Williams said she gives potential home buyers a list of the eco-friendly features of the house she's selling.

She said Energy Star appliances and small adjustments to certain things such as the paint in the house should be considered in order to tip the scale for potential buyers who are considering another home.

Williams also suggested adding native plants to a yard, installing low-flow bathroom appliances, laying concrete floors that can help conduct heat throughout the home and upgrading to double-paned, vinyl, low-emittance windows.

The government gives grants to individuals who use green energy, and these homeowners seem to save money on their electricity bills.