There are quite a few ways to add value to your home. From bathroom renovations to kitchen remodels, even creating additional space such as patios or backyard sheds can certainly add to the value of your home. However, the most popular and sought-after upgrades are eco-friendly ones. As per market experts, many potential buyers are willing to pay more money for energy-efficient and environmentally friendly homes. If you have been thinking about upgrading or renovating your home before putting it on the market, here are 5 eco-friendly upgrades that will increase the value of your home. Ps, if your home is already energy efficient, feel free to book your free property valuation with Leaders to know the current value of your eco-friendly home.
Add solar panels:
While it does cost a whole lot of money to add solar panels to your home, the value of your property will also drastically increase thanks to this addition. According to the data, the value of your home can increase by a whopping £13,500 if you invest in solar panels. Not only will you be able to increase the value of your home but you will also end up paying lower utility bills, which certainly adds to your savings. And of course, the environmental benefits of having solar panels will set your property apart from the rest!
Opt for energy-efficient appliances:
Energy efficient appliances, as the name suggests, use lower levels of energy which in turn help reduce utility bills. If you want to add value to your home, consider replacing all your old appliances with energy-efficient appliances. Opt for energy-efficient refrigerators and air conditioners, LED light bulbs, high efficiency washers and dryers, and so on. As long as these appliances are included in the sale, the value of your property will go up and potential buyers will be willing to pay more money for these energy-efficient luxuries. From energy-efficient cookers and electric kettles to smart speakers and televisions, you have so many options to choose from.
Insulated floors and windows:
Any form of extra insulation, such as insulated windows, heated floors and even cavity wall insulation can increase the value of your property by £11,000 to £12,000. Basically, by insulating the walls and windows, you are preventing heat loss in winter which is a big plus for UK properties. By installing heated floors or insulating windows and doors, an upgrade that will certainly not burn a hole in your pocket, the value of your home will increase drastically all while reducing the cost of living. Also, these will act as noise insulators hence you will be able to enjoy the peace and quiet of your home without any noise pollution.
Install a smart thermostat:
A smart thermostat is used to regulate the temperature of the house while trimming your utility bills. Since these smart thermostats can be controlled from your phone, you can easily adjust the temperature of your home even when you are not around. At the end of the day, smart thermostats are very easy to use, they are easy to install and they do not cost too much money, yet they can drastically increase the value of your home while drastically decreasing the utility bills. What more can potential buyers ask for? As long as you have an HVAC system, a smartphone and a wifi connection, you can easily upgrade to a smart thermostat!
Upgrade your outdoor space:
Since the Covid-19 pandemic, gardens and outdoor spaces have become very common demands among potential buyers as well as first-time buyers. If you do have some outdoor space, consider upgrading it into a garden. And, if you have an existing garden, work on improving the garden through landscaping, creating a small herb garden or spice garden and maybe even installing an outdoor patio. If you do not have any outdoor space, consider a green roof. A green roof is basically a layer of vegetation that sits on top of a waterproofed roof. Green roofs have become very popular in the UK in the past few years as they help reduce utility bills by conserving energy and they even increase the lifespan of the roof. And last but not least, green roofs are environmentally friendly and they even help boost the thermal performance of the property.