For young prospective house buyers, there are many important factors that you need to consider. These days, energy efficiency should be a top priority as homes that are energy efficient allow you to minimise your impact on the planet while also keeping your bills down during a time when the cost of energy is a major concern. New build homes are known for their energy efficiency, and this is a desirable feature that can have a big impact on the value of the property.
Energy Efficiency: A Key Selling Point
Energy efficiency has become a crucial factor in home-buying decisions, especially for the environmentally conscious young buyer. This means that properties with energy-efficient features and a strong Energy Performance Certificate (EPC) rating can drive up the value of a property by a significant amount because buyers know they are making long-term savings while protecting the planet. New build homes are known for energy efficiency and typically have stronger EPC ratings than older homes.
Cost-Savings: Lower Bills, Higher Value
New build homes tend to have significantly lower energy bills compared to older properties, with the average buyer saving £135 per month. This is because new build homes often have modern, eco-friendly appliances, high-quality insulation, and sometimes solar panels. These ongoing savings are highly desirable, especially with rising energy costs and many worried about the cost of living. Additionally, the cost of energy will continue to rise in the future, so energy-efficient homes become even more appealing, particularly those with solar panels. This contributes to the overall property value and can be hugely appealing to potential buyers.
Environmental Impact: Reduced Carbon Footprint
New build homes emit significantly less carbon than older properties, which makes them hugely appealing to environmentally-conscious buyers. Society is becoming increasingly eco-conscious and looking for ways to minimise their impact on the planet, so a home with a small carbon footprint is hugely desirable as this allows people to greatly reduce their overall carbon footprint. Again, this increases property value and desirability.
Future-Proofing: Adapting to Changing Regulations
New build homes are designed to meet and exceed current and upcoming energy efficiency standards, such as the Future Homes Standard. This future-proofing can protect and potentially increase the home’s value over time.
New build homes are known for their energy efficiency, which is a major appeal for homebuyers, particularly those who are passionate about reducing their impact. New build homes are a smart investment because they are often much more energy efficient than older homes with high-quality insulation, energy-efficient appliances, and often renewable energy like solar power. This energy efficiency enables long-term savings while minimising environmental impact, which makes them an appealing choice to modern buyers. Of course, the appealing nature of energy-efficient new builds also drives up the value of these properties.