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Realtors and Appraisers Report: Energy Efficient Homes An Have Increased Market Value and Sell Faster Than Other Comparable Homes

Reports show that home buyers are looking for lower utility costs and better heating and cooling comfort; energy efficiency home improvements are wise investments to increase marketability

Chicago, IL (PRWEB) March 29, 2012 -- According to the Residential Energy Services Network and various other 2011 reports, homeowners from Florida to Alaska are investing inenergy efficiency improvements to conserve energy, improve home comfort and add value to their homes. The Appraisal Journal reports that energy efficient homes have an increased market value by as much as $20 for every $1 they save on annual energy costs. These findings equate to nearly $10,000 in increased home value. Further research shows that while these homes may be priced higher, they still sell more quickly than other comparable homes. With the certainty of lower utility costs and better heating and cooling comfort, home buyers are choosing energy efficient homes regardless of the higher price tag.

As this emerging market force spreads across the country, the Chicago Multiple Listing Service (MLS) is making changes to better promote energy efficient home features. The service has added HERs Ratings (Home Energy Rating System), ‘Green’ features, and much more to their home search selections. Home improvements such as increased insulation, Aeroseal duct sealing, furnace or HRV upgrades (for cleaner indoor air), Energy Star appliances, and new windows are but a few of the efficiency improvements that will be listed. In many cases, homes that have undergone professional energy audits and retrofit work will have a certificate and/or diagnostic report which are now being recognized by the MLS. Real estate agents agree, if you’re trying to sell your house this summer, this is another way to separate your home from rest of the homes out there.

Rob Schildgen, owner of Priority Energy and leading energy and comfort solutions expert says, “Efficiency upgrades are very affordable compared to other renovation projects and can usually be completed in only one day. Be sure your auditor is a certified BPI or RESNET professionaland that he/she performs a full diagnostic test. Findings and recommendations should be prioritized and show improvement costs in relation to improved comfort, energy saved and/or environmental impact.”

“You gain valuable information about your home from a comprehensive energy audit and the associated improvements provide year round benefits; from better AC performance,increased comfort, energy savings, improved indoor air quality, and much more," Rob adds.

Homeowners, Home Buyers, Home Sellers and Real Estate Agents
Energy Efficient Mortgages (EEM) and Energy Improvement Mortgages (EIM) are available to qualifyinghome buyers and homeowners who may be refinancing. These options can help defray the cost of efficiency improvements or may increase the buying power of a consumer. Check with lending companies for more information.

Priority Energy, LLC
Founded on the principles of educating homeowners, contractors and builders, Priority Energy is a one-stop source for residential and commercial energy efficiency solutions. The team is made up of RESNET and BPI Certified Energy Auditors and HERS Raters who have backgrounds in engineering and building sciences. The company is also a leading RESNET and BPI Energy Auditor Training Center.

 

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For utility and fuel provider rebates, eligibility and amounts are determined by your utility and fuel providers. For federal tax credits, consult your tax advisor for eligibility and details under the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (P.L. 111-312, 12/17/10).  Priority Energy bears no responsibility if you do not qualify for or receive any rebates or credits. Advertised available rebates and tax credits are as of January 1, 2011. We only guarantee audit results if the home owner installs the home improvements and obtains utility and fuel bills for the 12 months before the whole house assessment for the premises where the improvements are to be made. The BPI logo is a trademark of the Building Performance Institute, Inc.  Priority Energy nationally recognized home performance leader.  The cost of the whole-house assessment will be applied to the cost of any home improvement project performed by Priority Energy.   "Right-sizing" refers to the process of determining which heating, ventilating, and air conditioning system should be used in any particular structure, savings vary. Find out why in the seller's fact sheet on R-values. Higher R-values means greater insulating power. Savings from each product will depend on the product or combination of products installed.  ENERGY STAR® is a registered trademark of the U.S. Environmental Protection Agency. 

 

Priority Energy is a Chicago area based home energy audit, Aeroseal Duct Sealing, energy efficient retrofit, IECC Training Center and BPI & RESNET Energy Audit Training company servicing towns such as:

Addison * Algonquin * Antioch * Arlington Heights * Aurora * Bannockburn * Barrington * Barrington Hills * Bartlett * Batavia * Bedford Park * Bensenville * Berwyn * Bloomingdale * Bolingbrook * Brookfield * Buffalo * Grove * Burbank * Carol stream * Carpentersville * Chicago * Chicago Ridge * Cicero * Cook County * Crystal Lake * Darien * Deer Park * Deerfield * Des Plaines * Diamond Lake * Downers Grove * Dundee * Echo Lake * Elgin * Elk Grove Village * Elmhurst * Elmwood Park * Evanston * Forest Lake * Fox Lake * Fox River Grove * Fox Valley * Franklin Park * Gilmer * Glencoe * Glendale Heights * Glenview * Golf * Grayslake * Green Oaks * Gurnee * Half Day * Hampshire * Hanover Park * Hawthron Woods * Highland Park * Highwood * Hinsdale * Hoffman Estates * Huntley * Indian Creek * Inverness * Island Lake * Ivanhoe * Joilet * Kenilworth * Kildeer * LaGrange * Lake Barrington * Lake Bluff * Lake County * Lake Forest * Lake In The Hills * Lake Zurich * Libertyville * Lincolnshire * Lincolnwood * Lisle * Lombard * Long Grove * Maywood * Medinah * Mettawa * Morton Grove * Mount Prospect * Mudelein * Mundelein * Naperville * Niles * Norridge * North Barrington * North Chicag * Northbrook * Northfield * Oak Brook * Oak Lawn * Oak Park * Palatine * Palos Hills * Park Ridge * Prairie View * Prospect Heights * River Forest * River Grove * Riverwoods * Rockford * Rolling Meadow * Romeoville * Rondout * Roselle * Rosemont * Round Lake * Saint Charles * Schaumberg * Schiller Park * Skokie * South Barrington * South Elgin * Streamwood * Streamwood * Sylvan Lake * Vernon Hills * Waconda * Wadsworth * Warrenville * Waukegan * West Chicago * Westchester * Wheaton * Wheeling * Wilmette * Winnetka * Wonder Lake * Zion

 

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