More Homeowners Look for Energy-Efficient Upgrades

June 26, 2008 | Filed Under Real Estate News, Real Estate Trends and Statistics, Boston Real Estate 

As energy costs soar, more homeowners are looking for money-saving solutions from remodeling contractors. According to NAHB’s quarterly Remodeling Market Index, 33 percent of the contractors surveyed said they are receiving more requests to improve the energy efficiency of clients’ homes.

The study finds that the most common energy-efficient products installed by contractors include:

Windows with better insulation - 73 percent;
Insulation upgrades – 65 percent
Insulated exterior doors – 52 percent
High-efficiency HVAC systems – 56 percent
High-efficiency kitchen appliances – 47 percent
Water-saving faucets and fixtures – 46 percent
Tankless water heaters – 35 percent

This report supports the latest trend in the Boston Real Estate market: “green” buildings, LEED certified new constructions, etc… Monthly payment is the most important factor for buyers.

Read more about the first “green” residential building in Boston: The MacAllen Building

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