Home improvements are often thought of as a way increase one’s property value. And they are. A “green” home will fetch considerably more on the resale market than the exact same home next door without the energy efficient improvements. There are even loans for homes in Roseville specifically for energy efficient improvements. Here in Roseville and the rest of the Sacramento area most of us will start with upgrading insulation, roofing, water heaters, and AC Systems due to the extreme changes in the temperature from the cold of winter to the sweltering summers. Our utility bills are a major part of monthly expenses, second to our mortgage payment usually, and this is one way to drastically cut that expense. Going green in our homes is the future in our new world. Everything you need can be found at local hardware stores (there are two Home Depots, a Lowes, Ace, and an Orchard Supply in Roseville alone) and the helpful staff at these stores can usually help with ideas if you need them. Of course if you’re like me and get into trouble when taking on projects too big for what I can do please, leave it to a professional!
Kitchen remodels have proven to be the best dollar for dollar investment in your home. High quality Energy Star appliances and possibly a new faucet is where you for green here. There are many ways to go and you don’t have to replace everything at once. If you’re already doing counter-tops and cabinets it’s the right time to consider a new sink and an efficient faucet (Roseville is moving to metered water soon from what I hear). It will not cost too much and will be easy to install while the counter top is off or cabinets are out.
The bathroom is probably the next best update for increasing your homes value as well as conserving. An update to more efficient faucets, toilets, and shower heads are more than worth the minimal investment. Federal regulations guarantee that any of these replacements purchased today qualify as low-flow. The restrictions require 1.6 gallons of water per flush, and bath faucets and shower heads use no more than two and a half gallons of water per minute (again, Roseville is supposed to be moving to metered water soon).
The laundry room is another place to go green and save a little money as well. Just remember there is no such thing as an Energy Star compliant dryer. So if you see one at a store with the Energy Star sticker on it don’t fall for it. That doesn’t mean some dryers are not more energy efficient than another. A dryer with a moisture sensor will help save on every load, equaling considerable savings in energy and money when you look at it over a year long period.
All of these upgrades can make your home more valuable on the resale market. While homes in Roseville have held their value better than most areas in South Placer or the greater Sacramento market having that advantage will help you get top dollar for your home.
And don’t forget the compact fluorescent light bulbs! Energy Star claims each one will save about $30 over its lifetime and pay for itself in about 6 months. It uses 75% less energy and lasts about ten times longer than the old-school bulbs.
~Greg – The Roseville Loan Expert