As the world increasingly leans towards sustainability, eco-friendly home features are becoming more than just a trend—they’re a selling point. For homeowners and real estate investors, incorporating green updates into properties can not only contribute to the environment but also significantly enhance marketability. In a country where the real estate market is as competitive as ever, standing out with eco-friendly improvements can attract a growing demographic of environmentally conscious buyers and potentially increase the property’s value. Here are seven eco-friendly updates that can make your home in Nigeria more marketable and appealing to the eco-savvy buyer.
- Solar Panel Installation
- Energy-Efficient Windows and Doors
- Water-Saving Fixtures
- Sustainable Landscaping
- Energy-Efficient Appliances
- Green Roofing Options
- Smart Home Technology
In this blog, we will delve into each of these updates, exploring how they not only contribute to a greener planet but also make your home a hot commodity in the real estate market.
As the global consciousness around environmental issues grows, Nigerian homebuyers are increasingly seeking properties that align with sustainable living practices. By investing in eco-friendly updates, homeowners can tap into this burgeoning market, offering features that are not just aesthetically pleasing but also cost-effective and kind to the planet. From the simple addition of solar panels that slash energy bills to the incorporation of a smart home system that optimizes resource use, these green improvements are fast becoming non-negotiables for environmentally savvy purchasers.
Furthermore, installing energy-efficient windows and proper insulation can significantly reduce heating and cooling costs, making your home more attractive to buyers who prioritize sustainability and long-term savings. Water-conserving fixtures in bathrooms and kitchens not only appeal to the eco-conscious demographic but also demonstrate a commitment to reducing the home’s overall environmental footprint. The use of non-toxic, low-VOC (Volatile Organic Compounds) paints and materials during renovations can improve indoor air quality, a selling point for health-minded individuals and families.
Incorporating smart home technologies that focus on energy efficiency can also appeal to eco-conscious buyers. Features like programmable thermostats, energy-efficient LED lighting systems, and smart irrigation systems for landscaping not only help in reducing utility bills but also showcase a modern, tech-savvy approach to sustainable living. These updates signal to potential buyers that the home is equipped to meet the challenges of climate change while offering the convenience and efficiency that modern lifestyles demand.
Incorporating renewable energy systems, such as solar panels, can significantly increase a home’s appeal. By generating their own power, homeowners can enjoy lower energy costs and potential tax benefits, making this a highly attractive feature for eco-conscious buyers. Moreover, homes with renewable energy solutions often have a higher resale value, as they promise ongoing savings and align with the growing demand for sustainable living options.
To further enhance your home’s marketability, consider investing in high-efficiency appliances. These not only reduce energy and water consumption but also appeal to buyers who prioritize sustainability in their lifestyle. By showcasing ENERGY STAR-certified appliances, you signal to potential buyers that your home is designed with both cost savings and environmental responsibility in mind. This can be a decisive factor for those looking to minimize their carbon footprint without sacrificing modern conveniences.
Consider upgrading to a smart thermostat. These devices not only improve home energy efficiency but also offer the convenience of remote temperature control, potentially reducing heating and cooling bills. By demonstrating that your home is equipped with such technology, you’re not just appealing to the eco-conscious market but also to tech-savvy buyers who value the integration of smart home features. This forward-thinking approach to home management is quickly becoming a must-have in the real estate market.
Incorporating sustainable materials into your home’s design can also significantly enhance its marketability. By choosing renewable resources like bamboo flooring or recycled glass countertops, you’re not only reducing your environmental footprint but also adding a unique aesthetic appeal that resonates with environmentally aware purchasers. Moreover, homes that showcase low-VOC paints and finishes further emphasize a commitment to indoor air quality, a growing concern among health-conscious buyers looking for a safe and non-toxic living environment.
Whether you’re preparing to sell your home or just looking to lower your carbon footprint, you may be surprised to know these green updates have a low up-front cost and can increase your return on investment.
Install low-emissivity storm windows.
Low-emissivity storm windows reflect light back into the home, helping you save on heating costs. Make sure to choose the right fit for your home, as the types vary greatly depending on the materials and coatings. The US Department of Energy reports that storm windows could be as effective at lowering your energy costs as installing new windows.
Install a programmable thermostat.
You could save as much as $180 a year by choosing a thermostat that has the ability to automatically adjust the temperature when you are not at home. Doing so could save about 15 percent on your heating bill annually. Some thermostats also have other energy-saving features, like filter-change reminders. Just make sure you choose a system that is easy to use.
Install ceiling fans.
Installation cost varies based on existing electrical work. A single fan on high speed generally uses about 50 to 100 watts of power, resulting in about 800 kilowatts per year for a home with four ceiling fans—far less than a central air conditioning system. While fans are not able to actually cool the air, they can relieve you of feeling hot, and using them in lieu of A/C will save you a large amount of energy. Just make sure to switch them off when you leave the room!
Seal any cracks around door and window frames with caulk.
This is a no-brainer. Eliminating cracks will take only a few hours and could pay you dividends. About 30 percent of a home’s energy loss happens at an entryway. If you’re looking to go green, this is an easy way to do so.
Plant trees.
This tip is especially good for the environment. If you want to save on your energy costs, particularly in the summer, plant trees on the east, west, and northwest sides of your home. This will prevent the sun from coming through your windows and making your A/C work harder. Plant a tree to shade your central air unit, and you may save up to 35 percent on your home’s cooling costs.
Lower the temperature of your water heater to 120°F.
An average of 15 to 25 percent of a home’s annual heating costs are related to heating the home’s water. This adjustment will take little time, and you will hardly notice a difference—until you look at the heating bill! When implemented, you’ll save up to $400 a year.
Insulate your hot water heater with a blanket.
Especially if you have an older system, this small act could save up to 25 to 45 percent on your annual heating costs. Look for water heater blankets made specifically for your electric water heater.
