| Resale Value |
Higher Resale Value
ENERGY STAR homes are more likely to have a higher resale value regardless of how long you own
your home. A typical ENERGY STAR home reduces utility bills by $35 - $80 per month. Annual
energy savings can average anywhere from $400 - $950 or more per year depending upon the overall
square footage of the home. A recent EPA study revealed that these savings can add $8,400 to the
market value of an ENERGY STAR home. This additional savings allows the homeowner to qualify for
a higher mortgage with no more personal income.
The common misconception about ENERGY STAR homes is that they are more expensive to purchase.
Quite the contrary...when purchasing a new home, the buyer needs to consider the entire package of
expenses including the mortgage, insurance, taxes, maintenance, and utility costs. Energy Star homes
are virtually maintenance free on the outside with high performance siding, trims and energy efficient
vinyl windows. They are also built to higher construction standards and independently tested and
verified to perform to those standards. Most homebuilders do not have their home tested to meet any
additional standards other then the local building codes, which do not require additional testing to
verify the quality of construction methods used. Having your new home independently tested and
verified to be an ENERGY STAR home could mean significant value compared to typical homes if you
decide to sell your home.
The homeowner knows the quality of home they are purchasing when making a commitment to Built by
Adams and ENERGY STAR. Not to mention, each ENERGY STAR home has a required ventilation
system making the home healthier and safer for the people living in it. Although this cannot be
quantified in dollar savings, but it is to be expected that living in an healthy home creates healthier
people. Less trips to the doctors office and less time off from work with colds and allergies could easily
double your yearly savings on utility costs alone.
Access to Preferred Financing
National and local ENERGY STAR mortgages can make it easier for home buyers to qualify for
ENERGY STAR homes. In some cases, loan origination fees may be discounted along with easier loan
qualification requirements. Typically a new homeowner can qualify for 3-5% more on top of the
mortgage amount they are already qualified for with no additional income. The Energy Savings built
into your home is considered by many lenders as income to help you qualify for the additional costs of
the energy efficient improvements to the home.
ENERGY STAR homes are more likely to have a higher resale value regardless of how long you own
your home. A typical ENERGY STAR home reduces utility bills by $35 - $80 per month. Annual
energy savings can average anywhere from $400 - $950 or more per year depending upon the overall
square footage of the home. A recent EPA study revealed that these savings can add $8,400 to the
market value of an ENERGY STAR home. This additional savings allows the homeowner to qualify for
a higher mortgage with no more personal income.
The common misconception about ENERGY STAR homes is that they are more expensive to purchase.
Quite the contrary...when purchasing a new home, the buyer needs to consider the entire package of
expenses including the mortgage, insurance, taxes, maintenance, and utility costs. Energy Star homes
are virtually maintenance free on the outside with high performance siding, trims and energy efficient
vinyl windows. They are also built to higher construction standards and independently tested and
verified to perform to those standards. Most homebuilders do not have their home tested to meet any
additional standards other then the local building codes, which do not require additional testing to
verify the quality of construction methods used. Having your new home independently tested and
verified to be an ENERGY STAR home could mean significant value compared to typical homes if you
decide to sell your home.
The homeowner knows the quality of home they are purchasing when making a commitment to Built by
Adams and ENERGY STAR. Not to mention, each ENERGY STAR home has a required ventilation
system making the home healthier and safer for the people living in it. Although this cannot be
quantified in dollar savings, but it is to be expected that living in an healthy home creates healthier
people. Less trips to the doctors office and less time off from work with colds and allergies could easily
double your yearly savings on utility costs alone.
Access to Preferred Financing
National and local ENERGY STAR mortgages can make it easier for home buyers to qualify for
ENERGY STAR homes. In some cases, loan origination fees may be discounted along with easier loan
qualification requirements. Typically a new homeowner can qualify for 3-5% more on top of the
mortgage amount they are already qualified for with no additional income. The Energy Savings built
into your home is considered by many lenders as income to help you qualify for the additional costs of
the energy efficient improvements to the home.
| CALL TODAY TO FIND OUT MORE ABOUT ENERGY EFFICIENT MORTGAGES, ENERGY STAR HOMES GET PRE-QUALIFIED FOR AN ENERGY EFFICIENT MORTGAGE FOR ANY BUILT BY ADAMS HOME DESIGN OR CUSTOM HOME Phone: (207) 490-9886 |
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