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My Pro Handy…, Other/Just Looking in Long Beach, CA

Are energy saving features in a home a selling point for buyers?

Asked by My Pro Handyman Can, Long Beach, CA Wed Mar 23, 2011

Save Energy. Save Money. Live more comfortably in your new home year-round. Did you know that the typical U.S. family spends about $1,900 a year on home utility bills? Unfortunately, a large portion of that energy is wasted. http://www.energysavers.gov/tips/save_energy.cfm

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Most buyers will not primarily base their decision to buy a home based on energy saving features. If a home does have then the agent needs to point out the benefits of those features. Money talks and pointing out the benefit of low utility bills (even stating the low amount you have paid in he past) is a benefit people can relate to. Bottom line, point out the features and how exactly each feature will benefit the buyer. Tie these benefits to specific monetary savings if possible.
0 votes Thank Flag Link Tue Mar 29, 2011
A small minority of buyers may care about energy efficient homes..........most want updates like new kitchens and bathrooms - that are pretty!
1 vote Thank Flag Link Wed Mar 23, 2011
I agree with Bill and Brett. The clients are more interested in getting a "good deal". Hopefully, energy saving features will be more of a selling feature in the days to come.
1 vote Thank Flag Link Wed Mar 23, 2011
Not really. Most buyers just want a good deal.
1 vote Thank Flag Link Wed Mar 23, 2011
Not so far! I work with many buyer's, it's still all about location and curb appeal. If the home meets their requirements; bedrooms, baths, sq ft, school system, condition, location and price...these are the primary issues. If they see value (and you have to educate them), they will step up and write an offer. I've yet to meet a buyer that lists "Green" as a primary requirement.

This is just my experience with the buyer's currently in the market.

Bill Hooper
Re/Max Westside Properties
310-293-9597
1 vote Thank Flag Link Wed Mar 23, 2011
Yes, anything can be called a selling point.
That being said, it's been my experience that that is the last thing a buyer would think about.
Here is my top 5 buyer concerns
1. Price
2. Location
3. Layout
4. Condition
5. Kitchen
Want more tips? go to my website http://www.reosolutionsteam.com and look under services>seller.
You will find some more tips there.
0 votes Thank Flag Link Tue Mar 29, 2011
Yes. Many buyers in today's market seek energy saving features.
0 votes Thank Flag Link Mon Mar 28, 2011
Based on what my buyers ask for - no. But it is a nice selling point but not a deal breaker.

David Akram
Realtor, DRE# 01891274
661-505-8550
Century 21 All Moves
Contact: http://contactme.davidnewhome.com
Web: http://www.DavidNewHome.com
Blog: http://blog.davidnewhome.com
FREE Monthly Newsletter: http://newsletter.davidnewhome.com
Web Reference: http://www.davidnewhome.com
0 votes Thank Flag Link Sun Mar 27, 2011
Hi Pro,
None of the buyers I have worked with have specifically asked about this, however, one of my more recent sales had the "green" issues included, and it was a nice addition. The buyer bragged to his friends about that feature. Perhaps in the future it will be more desired by buyers.
0 votes Thank Flag Link Sun Mar 27, 2011
In certain communities, "GREEN" or energy efficient homes are highly valued and will fetch a premium for green features. In my area, Santa Monica is one of those communities. Other areas, not so much. It depends on the particular buyer.
My recommendation to a homeowner who considers using "green" features in a home? Do it to reflect your own values, because it's the responsible thing to do, and for the tax credits to which you can avail yourself. You can't count on the potential buyer valuing it as much as you do.
Deborah Bremner
The Bremner Group at Coldwell Banker
REALTOR, 00588885, ABR, CDPE, eAgent, CSP, SFR, HRC, CRE
(O) 310-571-1364 DIRECT
(D) 818.564.6591
(C) 310-422-4288
http://www.thebremnergroup.com
Accredited Buyer Representative|Certified Distressed Property Expert |Pre-Foreclosure Specialist Certified
0 votes Thank Flag Link Thu Mar 24, 2011
I'll have to chime in with the consensus. Seems like folks are only interested in the bottom line. There is some energy efficient mortgage (EEM) programs out there that will loan on EE upgrades, however, if that really hits your hot button.

We are A Real Estate Broker, general contractor and investor and specialize in distressed property foreclosure, short sale, probate rehab projects and would be happy to discuss incorporating EE upgrades into any of our projects. We pay cash for homes, condos and Manufactured homes.
0 votes Thank Flag Link Thu Mar 24, 2011
Our homes are on board! We build 100% Energy Star homes. Our homes are 30 % + more efficient than what is required by the 2006 IRC. The clients we have are some of the best advertisment we can get, they compare energy bills monthly & chat it up when poteinal clients visit our homes. It matter to our clients and its icing on the cake for maintance provided villas. We advertise Energy Star Homes see http://www.marimackvillas.com
0 votes Thank Flag Link Wed Mar 23, 2011
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