Homebuyers will pay more for green homes
Posted by Sinks on 27th Jun 2017
A majority of those looking to purchase a new home will pay more if they perceive that it has good green credentials, a new report suggests.Research conducted by the Energy Saving Trust (EST) suggest that 53 per cent would pay more for an environmentally-friendly property.Whats more, the findings show that value of the extra premium that homebuyers are prepared to pay for such features is, on average, 3,350.With the introduction of Home Information Packs (Hips) giving homes an energy efficiency rating such as those already found on electrical appliances, consumers appears to be increasingly aware of each propertys rating.The EST findings indicate that more than two-thirds (68 per cent) would not want to purchase a property classified as among the most inefficient users of energy, which would fall into either the F or G bands under the rating system.Melanie Russell of Anglian Home Improvements explained the thought process which homebuyers go through in light of this kind of green information.When you go to sell the property, you are saying to the potential buyer that this house is as energy efficient as it possibly could be and therefore will be saving you money, she says.Several of the key means by which a home can be made more green are to be found in the kitchen, such as reducing lessening the impact that food waste has on the water supply.An efficient waste disposal unit, such as those from world-renowned manufacturer In-Sink-Erator, renders food waste easier for domestic drainage and can ease the burden on landfill sites.