Why Energy Efficiency is Becoming More Important to Home Buyers

If you are an estate agent, you are already aware that what people want out of their home differs. Each generation looks for something slightly different from the previous one.

These days energy efficiency is increasingly becoming important to buyers. It is not always easy for people to find cheap home heating oil, or a lowcost electricity or gas tariff. Therefore, what they really want is a home that is energy efficient.

People are increasingly realizing that buying a home that consumes less power is the best way to keep control of their bills. The more the cost of electric, gas, wood and heating oil rises the more important energy efficiency becomes to property buyers.

It is important that everyone involved in the buying process understands this, and adapts to the changing expectations of potential buyers. This will help to move the property faster and improve the chances of securing a good price.

New properties

When selling a new property start by finding out if it has any type of energy certification. You need to familiarise yourself with the terms of the scheme. That way you can explain how much a potential buyer can expect to save on their fuel bills. It is worth pointing out these savings are ongoing and that as prices rise, so does the amount saved. People kind of know this, but it is not something that is at the forefront of their minds when they are looking around a property. Therefore, it never does any harm to remind them of the facts and translate things into cash terms.

It is also important to point out features that help to keep the cost of heating, or cooling, the property as low as possible. Most buyers will not notice that the living room is south facing, or realise that the skylight in the kitchen means they can leave the lights off for longer.

Older properties

All of the above applies when you are selling an older property. However, there are a few more things you need to bear in mind and point out.

It is important to prepare the seller for the fact that buyers are likely to ask about the cost of heating the property. If the current homeowner keeps their thermostat at a high temperature it is worth their while mentioning this fact when they discuss the cost of heating with a potential buyer.

Before putting the property on the market it is worth the seller taking the time to address any draught issues. Filling in gaps around windows and doors will make the house look better as well as ensure that prospective buyers do not notice any draughts when they are viewing the property. If the seller is including white goods, which have a particularly good energy rating, during the marketing process, it can be worth mentioning this too.

If you would like to learn more about marketing environmentally friendly homes all you need to do is to click this link.

 

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Breaking News

Beach hut values fall for second consecutive year

The latest research from Yopa has found that beach hut prices have fallen for the second consecutive year across the UK’s most sought-after coastal locations, as the extraordinary growth seen in the years immediately following the pandemic continues to unwind. Yopa analysed the average asking price of beach huts across eight of the UK’s most…
Read More
Breaking News

Burnham’s property and land tax: what would it mean for property owners?

With reports suggesting that property and land taxes could be on the cards under Burnham,  Simon Gerrard, Chairman of Martyn Gerrard Estate Agents, comments on what these proposals could mean for homeowners, particularly those in London who are likely to bear the brunt of any changes, given the capital’s significantly higher property values.   On uncertainty:…
Read More
Property for sale
Breaking News

Homebuyers can save up to 47% by looking next door to the UK’s priciest postcodes

New research reveals how much less buyers could pay in postcodes neighbouring the UK’s most expensive locations Homes in these neighbouring areas are 28% cheaper on average, with the biggest gap reaching 47% in the North East Significant savings also seen in London, Scotland, Wales and Northern Ireland   Homebuyers could save up to 47%…
Read More
Finance

Your First-Time Buyer Mortgage Journey

Introduction Buying your first home is one of the biggest financial decisions you’ll ever make, and the mortgage process can feel like a maze of unfamiliar terms, forms and waiting. The good news is that mortgages for first-time buyers follow broadly the same path, and once you understand the stages involved, the process becomes far…
Read More
Breaking News

London property values set to fall

The latest market analysis from House Buyer Bureau has found that London is now the only region of Britain where house prices continue to trend downwards, with the average home in the capital forecast to lose almost another £5,000 in value before the end of the year should current market conditions persist. House Buyer Bureau…
Read More
Breaking News

London property values set to fall

The latest market analysis from House Buyer Bureau has found that London is now the only region of Britain where house prices continue to trend downwards, with the average home in the capital forecast to lose almost another £5,000 in value before the end of the year should current market conditions persist. House Buyer Bureau analysed…
Read More