Energy-efficient features worth it to young homebuyers

According to the National Association of Home Builders (NAHB), new homes are becoming better equipped with energy-efficient features, one of the top desires for current homebuyers.

This is due in part to a growing portion of the purchasing market: Millennial homebuyers. A recent study indicated that energy-efficient certification is a priority for this age group, and 84 percent are willing to pay  2 to 3 percent more for a home that fits within this standard… if it makes a difference in utility bills.

Green building structures encompass a range of materials and sectors that include:

  • Energy efficiency in areas such as HVAC systems and lighting.
  • Indoor environment quality using low-allergen materials.
  • Resource conservation such as sustainably harvested lumber.
  • Site design for open space and minimal environment destruction.
  • Water conservation using water-efficient appliances and low maintenance and landscaping techniques.

Some common energy-efficient homebuyer desires include low-E windows, appliances with Energy Star ratings and programmable thermostats. Homebuyers are becoming increasingly cognizant of their carbon footprint as well as the rising cost of utility bills. Many are combining their passion for the earth with monetary issues to lead a more energy-efficient life.

According to data released by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, new home sales have hit their highest selling number since February 2008. Home sales rose by a 7.8 percent sales pace in February 2014.

Schedule a consultation with Alban Inspections to discover where your home stands in energy efficiency or where your soon-to-be new home can take you. Alban also specializes in radon detection, heating and insulation products as well as mold testing. Check out our website for more information.