Updating the insulation is the single biggest thing an owner can do to improve their energy efficiency. For the average home, the cost of insulating walls and attics hovers around $1,700 and generates $111 of savings per year. That is about an 8% rate of return, much better than putting your money in a bank account.
Owners who follow these tips will see immediate savings as well as savings down the road. Not only is an energy efficient home safer and more comfortable in the short run, it also makes your property more attractive to prospective tenants and buyers for years to come
Owners looking for advice on upgrading their rental properties to entice the new generation of eco-conscious renters should contact a real-estate professional at Nextgen Realty.
