Before listing your home on the market, you may want to make minor upgrades to increase the value of your home. One simple way to make the home more attractive to buyers is installing energy efficient appliances that will help them save energy and cut back on utility costs. Which appliances should you install? Here are the ones that add the most value to a home:
A refrigerator is plugged in at all hours of the day, so it consumes more energy than any other appliance in the home. That’s why switching a standard refrigerator to an energy efficient model will help increase the value of your home. Energy Star refrigerators are about 9% more energy efficient than standard models. According to Energy Star, this calculates to be about $260 in energy savings over the next five years.
Many homes have two refrigerators—one in the kitchen and the other in the basement or garage. It may be wise to replace both with an Energy Star model to really maximize the potential savings prior to listing a home. Replacing your second refrigerator with an Energy Star model will save you around $50 a year, making this a wise investment that will pay off for years to come.
When choosing a refrigerator, it’s recommended you buy a model with a freezer on top, as these are more energy efficient than other styles. Also, keep size in mind as you shop for energy efficient appliances. The bigger the refrigerator, the more energy it will consume.
Energy Star dishwashers are designed to use innovate technology to keep your dishes clean without using as much electricity and water. These energy efficient dishwashers use soil sensors to judge how dirty a load of dishes is and determine how much electricity and water is needed to get them clean.
They are also designed with more efficient jets that don’t use as much water to clean the dishes and a new rack design that positions the dishes to make cleaning more efficient. How efficient are these appliances? If your current dishwasher was made prior to 1994, you are wasting about ten gallons of water per cycle. By replacing this outdated model with one of these energy efficient appliances, you could save around $35 per year.
Look for an Energy Star dishwasher with different wash cycle options. For example, if you only have a small load of dishes that aren’t that dirty, you should be able to choose a “light wash” option so the dishwasher doesn’t consume as much energy as it would on a full, dirty load.
It’s estimated that the average family in the U.S. does about 300 loads of laundry per year, which means a lot of water and electricity is being used in the laundry room. Energy Star clothes washers are designed to use 25% less energy and 45% less water than traditional models, so buyers will definitely see the value of having this in their future home.
In fact, every time a standard clothes washer is used instead of an Energy Star model, ten gallons of water are wasted. This is a great selling point to show buyers the value of having an Energy Star clothes washer in their future home.
As you shop for a new energy efficient clothes washer, look for a model that has a high Integrated Modified Energy Factor (IMEF) and a low Integrated Water Factor (IWF). A low IWF score indicates the clothes dryer is water efficient, while a high IMEF score indicates the appliance is very energy efficient.
Of course, if you are going to switch to an Energy Star washer, you might as well complete the set and buy an Energy Star clothes dryer as well. These dryers are estimated to use around 20% less energy than traditional dryers, which will save you about $210 in utility bills over the course of the product’s life. How does it work? Energy Star dryers use sensor drying instead of timed drying, meaning moisture sensors will automatically detect when clothes are dry and turn off the machine.
There are dozens of different energy efficient dryers, so take your time when choosing one for your home. Look for a model with a high Combined Energy Factor (CEF), which is a measure of overall energy efficiency.
Although buying any of these appliances requires you to spend money, they will add value to your home and make it more appealing to buyers, so it’s worth the investment.