When it comes to the resale value of a home, many factors come into play. One often overlooked factor is the lighting fixtures throughout the home. Not only do energy-efficient lighting fixtures save homeowners money on their energy bills, but they can also increase the value of a home. In this article, we will dive into the ways energy-efficient lighting fixtures affect home resale value.
What Are Energy-efficient Lighting Fixtures?
Energy-efficient lighting fixtures are designed to use less energy than their traditional counterparts. They are often equipped with LED bulbs, which use up to 80% less energy than traditional incandescent bulbs. These lighting fixtures are not only better for the environment, but they can also save homeowners hundreds of dollars on their energy bills each year.
Increase in Home Resale Value
There is no denying that an energy-efficient home sells for more than a traditional home. This is especially true when it comes to lighting fixtures. According to a report by the National Association of Home Builders, 91% of home buyers prefer energy-efficient homes, and of those buyers, 86% are willing to pay a higher price for a home that has energy-efficient features.
Energy Efficiency is Important to Home Buyers
As homeowners become more environmentally conscious, the importance of energy efficiency increases. Homebuyers are willing to pay more for a home that has energy-efficient lighting fixtures because they understand the long-term savings they offer. Energy-efficient lighting fixtures have a lifespan of up to 25 times longer than traditional bulbs, which means homeowners will not have to replace them as often, saving them money in the long run.
Energy-efficient Lighting Fixtures Improve Home Aesthetics
Energy-efficient lighting fixtures come in a variety of shapes, sizes, and styles, making them a great addition to any home. Not only do these fixtures save homeowners money, but they also improve the overall aesthetic of a home. With energy-efficient lighting fixtures, homeowners can brighten up their space without worrying about their energy bills.
Return on Investment
While energy-efficient lighting fixtures are more expensive upfront, the return on investment is worth it. According to the U.S. Department of Energy, certain types of energy-efficient lighting fixtures can save homeowners up to $75 per year on energy bills. Over time, these savings add up, making energy-efficient lighting fixtures a smart investment for homeowners.
Conclusion
In conclusion, energy-efficient lighting fixtures have many benefits for homeowners, including increased home resale value. These fixtures are not only better for the environment but also save homeowners money on their energy bills. If you are looking to increase the resale value of your home, consider upgrading your lighting fixtures to energy-efficient options. Your wallet and the environment will thank you.