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Homes with electrification features are selling faster and for more as climate conscious buyers become mainstream.
Here are quotes from two articles published on the Zillow.com website.
Listings Highlighting Eco-Friendly Features Sell up to 10 Days Faster
18 April 2022
Homes with eco-friendly features can sell faster than expected, indicating that today’s buyers are seeking out and competing for more-sustainable homes.
Zillow’s 2021 Consumer Housing Trends Report found that recent buyers are more likely to say an energy-efficient home is very or extremely important (67%), compared to 2019, when 56% of buyers felt that way.
Electric vehicle chargers and drought-resistant landscaping can help a home sell more than nine days faster than similar homes.
Features that reduce monthly energy bills can help a home sell faster and, sometimes, for more money.
Energy-saving features are increasingly desirable in a high-inflation world where many other expenses are rapidly rising
Homes With Solar Panels Sell for 4.1% More
16 April 2019
Nationally, homes with solar-energy systems sold for 4.1% more on average [in 2018] than comparable homes without solar power.
San Francisco 4.4% $41,658
Los Angeles 3.6% $23,295
Not only can adding solar panels to a home save energy costs and help the environment, it also can potentially increase a home’s value.
One reason houses with solar-energy systems sell for more than those without them is because they can provide substantial future energy cost savings.