1. Identify Ways to Cut Energy Costs
Homebuyers don’t just look at the physical structure of a home; they also consider the effort and additional costs that come with the home. Some home buyers might not want a large lawn or high HOA fees. One such concern that most homebuyers have is the energy bill.
You can increase home value by offering a lower monthly bill than other houses in your area. If you’re not sure where to start, reach out to your energy company. They may be able to provide a free energy audit that can give you insight into your biggest energy waste. They may recommend replacing an old water heater or improving your insulation to lower your energy bills and make your home more appealing.
2. Upgrade Old Appliances
Upgrading old appliances can increase home value while lowering energy costs. You may find that the best way to become more energy efficient is to throw out your old washer or oven that doesn’t meet modern Energy Star standards.
Appliances are often negotiated with the house. Buyers are willing to pay more if the appliances come with the house, especially if they are new appliances with exciting, modern features.