Listing Courtesy of CROWLEY ASSOCIATES REALTY INC.
Whether we see it as evidence of the advance of a wider green homes movement or simply of rising environmental consciousness, Dewey Beach green homes are becoming properties with a distinct marketable sales advantage. What were once viewed as altruistic gestures practiced by only the most dedicated preservationists are going mainstream—and at a rapid clip. The National Association of Realtors® recently found that 70% of those surveyed believe eco-friendly features add value to a home. In other words, the practical advantages of ‘going green’ are becoming more and more evident to prospective buyers.
For sure, one reason for the increasing popularity of green homes in Dewey Beach is a growing and sincere concern about sustainability.
But there’s also another reason: a growing and equally sincere desire to save cash!
There are in fact a number of practical reasons why green homes save their owners money—
· Tankless water heaters are one example of a technology that’s been around for a while, but which is now gathering popularity. The engineering is based on the fact that constantly storing and re-heating of a volume of water means wasting a lot of energy. Tankless units don’t store heated water; instead they pass it over coils that are only energized when hot water is needed. As a consequence, tankless water heaters can actually save their owners up to 50% on hot water costs!
· As global critics increase their cries for the conservation of fresh water, the idea that green homes can make a major difference is gaining traction. The EPA’s website lists multiple ways that green homes can save the precious resource, from WaterSense-labeled faucets and toilets to high-efficiency showerheads.
· Energy-efficient heating and cooling systems can make the most dynamic contribution to green homes. Regularly-maintained Energy Star appliances, combined with home management practices like heating and cooling only areas that are in use via programmable thermostats can make a welcome dent in the monthly bills.
Together with the ongoing wallet relief that green homes provide their owners every month, changing over to ecologically championed household appliances and practices is an increasingly practical exercise. When it comes time to sell your Dewey Beach home, too, being able to provide those penny-pinched utility bills can make all the difference to cost-conscious prospects. For more ideas on ways you can increase the value and sales appeal of your own property, I hope you won’t hesitate to give me a Call/Text me Russell Stucki at (302) 228-7871, email me at firstname.lastname@example.org, visit more listings at www.beachrealestate.com
Last week’s real estate news didn’t rate front page headlines, but I spotted three items of interest—two of which have implications for Delaware real estate values. Both fall in line with upbeat news about the economy that permeated the airwaves. Holiday shopping (online and otherwise) was strong as consumer optimism peaked—probably related to expectations for a tax break.
The two stories that related to Delaware real estate values stemmed from the periodic HPI report. That’s the “Home Price Index” put out by researchers at CoreLogic. Last week’s announcement showed national single-family residential sales and prices rising in October. That made it the fourth month in a row for 6%+ price rises—the longest such winning streak since June of 2014!
For those Delaware real estate watchers who fret whenever price rises look like they might create an over-inflated market situation, the HPI forecast carried some reassuring news. Its forecast called for more price rises in the coming year, but at a more moderate and sustainable 4.2% rate. They based both findings—October rise and the 2018 forecast—to the tight supply of homes on the market combined with a strengthening economy.
The third, less weighty item was a feature in the Wall Street Journal’s real estate section. It didn’t have anything to do with Delaware real estate values, but as the first winter storms swept the upper Midwest and Northeast this past weekend, it was definitely season-appropriate.
The story featured an $8.3 million home for sale in Dedham, Massachusetts. The “classic shingle-decked three-story” house was said to preside over 22 acres. It boasted seven bedrooms and baths and one other special feature: an ice hockey rink. Although the 2007 home does have a wine cellar and billiards room, the owners might be accused of being dangerously tight-fisted, because the Zamboni garage apparently is offered sans the requisite Zamboni.
But perhaps that can be negotiated.
Back to our own rising real estate values, ice hockey rinks aside, there are currently some eminently affordable offerings on the market. I’ll be here to offer my expertise and a helping hand to Delaware buyers and sellers. Do give me a call! Call/Text me Russell Stucki at (302) 228-7871, email me at email@example.com, visit more listings at www.beachrealestatemarket.com.