When it comes to energy efficiency, homebuyers want builders to start talking it up more, even though they've already bought the message. That's the key finding of a recent J.D. Power & Associates Survey conducted for EnerQuality Corp.
According to the survey of more than 2,000 recent homebuyers in the GTA and Ottawa, virtually all buyers (98 per cent) fully expect builders to offer energy-efficient features, yet only four of 10 builders are talking about energy efficiency with their buyers.
What's particularly interesting is the linkage between energy efficiency and quality construction in the minds of homebuyers. While environmental protection, reduced monthly operating expenses and higher resale value remain the key motivating factors for buyers to invest in energy efficiency, almost a third of respondents cited higher quality construction as the most important benefit to them.
The survey also found there is significantly more satisfaction with the design of a new home when energy-efficient features have been offered – 828 out of 1,000 on the Builder Rating on Overall Physical Design Index compared to 626 when it's not offered.
Sunday, March 16, 2008
Energy Efficiency Important To Homebuyers
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Recently I learned about solar blinds as an energy conservation approach. I know most of you likely know about these already but they were new to me.
There are many different manufacturers. I found one I really like whose product can fit on any size & shape of window, on any type of window frame, is on the outside of the window to prevent much of the sun's UV rays from even hitting the glass in the window in the first place, can be installed by the average home owner and costs less than $3 a square foot. A lot less expensive than an ENERGY STAR rated window (although these have other uses, of course).
We'll be installing this one ourselves in the next few weeks and blogging about it for our site's visitors. I want to see how easy it really is to install and if it really does not block the view from the inside.
It's too bad home builders don't start including these as standard part of the new homes they build.
Dan
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