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Sell your Home Faster with Green Remodeling

Regardless of where you live, these days it can be difficult to sell your home. Prices and sales have declined so much that many experts have stated that the current real estate market is the most difficult since the Great Depression. In spite of lagging sales and falling prices, some homeowners simply do not have the luxury of waiting for the market to pick back up before they put their home on the market. In such situations, it is important to know what to do when you absolutely must sell your home fast.

The reasons for a quick sale could vary significantly and may include moving for a job or the need to move into a bigger home because your family is expanding. Whatever the reason may be you should know that you can gain an advantage over the competition if you know how to make some savvy 'green' renovations. There are numerous benefits to using green techniques when it comes to remodeling your home, including the ability to cut back on monthly utility bills, enjoy cleaner indoor air quality and help out the environment. What you may not have considered is that green remodeling may also help you to sell your home faster and possibly for even more money.

Today buyers have a number of options to choose from in terms of inventory. There are simply so many homes for sale on the market right now that buyers can easily afford to be choosey and wait until they find the home that strikes the right chord with them. Many of the buyers looking to purchase today are interested in homes that are eco-friendly. Unfortunately, the number of homes that meet those guidelines are few and far between. Therefore, it only stands to reason that if you want to make your home stand out in this market, the smartest thing you can do is engage in some green remodeling.

In fact, some real estate agents have reported that sales have been far better for homes that are energy efficient. The topic has become so popular that a multiple listing service has emerged which lists green properties for sale around the world. In order to be listed on the site, the home must meet exacting standards.

If you are interested in remodeling your home to make it more energy efficient, there are simple techniques you can use.

First, focus on energy efficiency. Given the fact that utility bills around the country have escalated over the past few years as a result of higher gas and oil prices as well as water shortages, buyers are keenly interested in homes that are energy efficient. The goal is to make sure that any improvements made to the property will boost energy efficiency. Those improvements should result in lower monthly utility bills over time. Also, make sure you keep records of how those improvements have resulted in savings and then provide comparisons regarding savings in your home compared to the typical bills for similarly sized homes within your neighborhood.

There are many small things that you can do to make such changes, including replacing the standard light bulbs in your home with CFLs or compact fluorescents. CFLS actually use one-fourth of the electricity as standard bulbs.

In addition, you might also consider upgrading any appliances that are outdated or use too much energy with Energy Star certified appliances. Appliances that are certified as Energy Star will save you between 10% and 50% in terms of energy.

You should also make sure that all cracks are caulked and that you have sealed any leaks. This may sound like a simple step but it can save you $100 on your heating bill, according to the Department of Energy.

While energy efficiency is important, many buyers today are also looking for homes that are as healthy as possible. This is particularly important to buyers who suffer from asthma, allergies, etc. Get rid of old carpets and expose hardwood floors if they are present or replace the carpet with new hardwood flooring or eco-friendly carpeting. Along the same lines, you should also call someone in to asses the possibility of asbestos and or lead paint in your home if it is older.

Finally, seriously consider hiring a consultant to perform an energy audit on your home. This can be a tremendous selling point when it comes time to put your home on the market, especially with eco-conscious buyers. Also, don't overlook the possibility of qualifying for possible federal, state or local tax credits to offset the cost of going green.



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