NEW ORLEANS Blog

Selling Your House? Tips on How Insulation Can Increase the Value.

Are you moving soon? Do you need to sell your home? Some homeowners believe that cosmetic updates such as landscaping or remodeling the kitchen will help with higher offers from prospective buyers. These projects, however, can be expensive and do not offer a long term incentive.  

Proper insulation can help you increase the value of your home and make it more energy efficient, which equates to lower bills for the new homeowner.

If you have lived in your home for a while, you may need to replace your insulation as it does degrade.  In addition, most homes are under-insulated in this area, causing the insulation to not perform.  By adding or reinstalling good insulation to your home in areas such as your attic, garages and crawl spaces, not only will your energy bill be reduced by around 15% (according to Energy Star), but can increase your home value to a potential buyer.

Insulation that reduces the amount of air flowing out of your home and is better for the environment. The less energy that escapes your house, the less energy that must be used. “Green” homes are, on average, priced higher than homes that do not have these environmental benefits. A good real estate agent can help push that value to a new owner in energy savings.

The upfront cost of these improvements will easily be be offset by the savings on your energy bills and increases in your home’s overall value. 

On average, homeowners saw a 116.9% return on investment on their attic insulation renovation when they sold their home.

Additionally, energy bills have increasingly been on a sharp increase...along with everything else, unfortunately. As the air outside cools down, it can take more energy to warm up your house. The U.S. Department of Energy reported in 2013 that 49% of electric bills are caused by heating and cooling - likely much higher now with the cost of energy on the rise. With the holidays coming up and a lot of expenses that must be accounted for, any way to save money can really help! Good insulation in your home can save hundreds on heating and cooling costs per year.  We typically estimate that the investment in good insulation will pay for itself in 2-3 years against home energy bills.  Insulation can help keep you warm and cozy without breaking the bank.

Thinking about updating your home’s insulation? Koala Insulation of Greater New Orleans is a team of well trained professionals with state of the art equipment who will inspect your home to evaluate whether improvements are necessary. The experts will explain the process and the types of materials that will best fit your needs. After the initial evaluation they will offer a detailed assessment and will work with you to fit your budget and schedule. Hiring Koala to improve your home will allow you to list it at a higher value and will save you money before you sell.