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Tips to Green Your House for a Sale

On the other hand, Williams warns against some upscale upgrades. She said she worked with one homeowner who spent $80,000 installing photovoltaic solar panels and geothermal heating in 2004, then added that amount to their expected sale price.

“However, there just weren’t any people at the time willing to pay that premium and it slowed down our sale and ultimately the sellers received almost no premium over similar homes without such a system,” she said.

Of course, the value of green upgrades also depends on the market, and the level of awareness and interest in solar panels and other upgrades. In other words, as the National Bureau of Economic Research report notes, the sale premium for solar panels is “larger in communities with a greater share of college graduates and of registered Prius hybrid vehicles.”

Green home improvements can put more green in a seller’s wallet, but only if approached and marketed properly.

Related:
10 Worst Home Trends of the Decade
Top 10 Greenest Cities in the U.S.
Quiz: Are You an Energy Saver or Waster?
Image: The Midtown Green House in Atlanta by SawHorse, Inc. via Hometalk.com

Read more: Bed & Bath, Conscious Consumer, Conservation, Crafts & Design, Green Home Decor, Home, Household Hints, Materials & Architecture

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Networx.com empowers people to make educated, economical and Earth-friendly renovation and home repair choices. We are a community of homeowners, renters and contractors who are committed to sharing home improvement expertise and experience.

49 comments

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5:51PM PST on Dec 6, 2012

Thank you.

12:17PM PST on Jan 27, 2012

Thanks for the useful information...

12:18PM PDT on Nov 3, 2011

Great info - Thank YOU!

4:57AM PDT on Oct 27, 2011

Thanks

8:35PM PDT on Oct 25, 2011

This is good information. Thanks!

3:10PM PDT on Oct 21, 2011

This makes one think more strongly about putting in solar panels.

5:24AM PDT on Oct 14, 2011

Wow. i hope one day i can purchase an eco friendly home.

4:19AM PDT on Oct 13, 2011

Thanks fo the info

6:18PM PDT on Oct 12, 2011

Thanks.

1:49AM PDT on Oct 12, 2011

xx

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Disclaimer: The views expressed above are solely those of the author and may not reflect those of
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