When you’re making the decision to add insulation to your home, it’s usually because you notice that it’s unusually cold in your home during the winter or your electric bill is far too high because your furnace is working overtime to compensate for poor insulation and air leaks in your home. You’re probably not thinking about how adding insulation can increase the property value of your home, but it can.
When you think about increasing the property value of your home, you likely think about updating paint colors, adding new siding to the garage, updating appliances, or switching out the carpeting for hardwood. You focus on making noticeable changes to spruce the place up. It’s not too often you think about adding insulation to add property value. However, by properly insulating your walls, you make it easier for your home to heat and cool itself and maintain a steady temperature. You therefore are adding the perfect upgrade to your home, especially because the new homeowners will save an impressive amount on heating and cooling costs each year.
We live in an energy-conscious world, so any upgrade you can make to your home to make it more energy efficient is a step in the right direction to increasing its value. By installing insulation in your home, you create decreased demand on heating and cooling systems. You will no longer be losing heated air or cooled air because you have excessive air leakage in your home or your insulation is old and worn. Therefore, your furnace and air conditioner won’t be running as often.
Energy efficient homes are selling for a percentage higher than ones that are not. If it’s time to put your home on the market, consider upgrading its energy efficiency first with insulation.