Monday, 23 July 2012

Reducing Energy Bills could mean extra money come sale time!


Everyone is becoming more concerned with saving money on their utility bills each month. We all have different reasons for doing so- some of us simply like the extra money every month, while others like the positive environmental impact energy saving measures provide.

Whatever our reasons are, I am so pleased to see that more and more people are finally waking up and seeing that a change is necessary.

An interesting take on the idea is how much extra you could afford every month on a mortgage when you reduce your bills. For every $100 you save on energy bills, you can spend $20,000 more dollars on your mortgage (pending bank approval of course!). When I sell an energy efficient home I highlight the low energy costs and the annual savings a potential buyer will see by buying your eco-friendly home. Does this mean that for every $100 you reduce your bills you will increase your selling cost? I would imagine if your home is marketed appropriately and the savings are properly highlighted then the answer to that is an absolute yes.

Contact me for a personal assessment of your home if you are interested in things you can do to reduce your utility bills and increase your selling costs.


No comments:

Post a Comment