Many home buyers are looking for energy-efficient homes. And so, it only makes sense that energy-efficient houses that already meet or exceed Alberta’s new energy codes are in high demand and sell at a higher price than ones that aren’t built to the same standard.
As we discussed earlier in this series, energy-efficient homes typically have longer lifecycles, lower home maintenance fees, and cost less to operate. In addition, homeowners benefit from comfortable even temperatures throughout their homes, increased control over their energy bills and better indoor air quality.
These same advantages also apply to rental properties. As a result, energy-efficient rental properties benefit by being more quickly occupied, and report lower tenant turnover rates.
All these benefits translate into a home that is more appealing to buyers, so they sell faster and have a higher resale price. Investing in an energy-efficient home just makes good financial sense.
Further reading about each of the benefits of an energy-efficient home can be found here: improved comfort, energy savings, improved air quality, and eliminate moisture issues. Or, you can read the final advantage here.