Add value to your home in 2021
21st June, 2021
Read full article here:
https://www.finder.com.au/add-value-to-your-home-in-2021
Install solar panels
Solar panels are becoming increasingly popular with buyers who know they'll benefit from green energy and far cheaper electricity bills. In fact, Origin Energy surveyed over 1,000 Australians and found 77% valued a home higher if it was installed with solar panels.
"Solar panels do indeed add value to a home – even more so if they have a battery storage system," said Ray Ellis, chief executive of First National Real Estate.
"It is definitely becoming more common and statistics are showing Australians are adding solar to their rooftops at some of the fastest rates in the world," he told Finder.
With government rebates available to many buyers, the average solar panel installation might not be as expensive as you think. Plus, international studies show it could add thousands of dollars to the value of your home.
Consider heating and cooling systems
Once a luxury, heating and cooling systems are gradually moving into must-have territory for many homebuyers.
"Air conditioning and heating units are absolutely desirable – reverse-cycle air conditioning is considered the most efficient in hotter climates whereas in cooler climates gas systems are considered the best and do add value to a property both in sale and rental," said real estate exec Ray Ellis.
"We are finding particularly in Victoria there are mandatory requirements to add energy-efficient heating with other states likely to follow suit soon," he told Finder.