Home Investing is Enhanced by Investing in Solar Energy 

By
Mortgage and Lending with Olympus Labs

How closely do you follow some of the trends in housing these days? Especially when it comes to luxury housing, there are all sorts of different facets of society to follow. Particularly when it comes to home energy use, this can be a fascinating topic to explore personally or professionally.

Notably, if you are going to be buying and selling anything in the real estate market, understanding people’s concerns about home energy use can make the difference between a sale and someone who decides to back out of the deal. Three big topics are going to come up a lot these days. First of all, there’s the matter of solar power.

If there’s any way to add solar power options to luxury houses, this is a huge benefit not only to the environment but also to people who want to be seen as environmentally responsible. If homeowners want a luxury house that is also high-tech, anything involving smart home technology is going to be a hit. And, no matter what, if you emphasize that you understand what a carbon footprint is and how it relates to home energy use, you’ll be noted as an expert on the topic.

Solar Power Investing

When you invest in solar power, you are investing in the future. Luxury homeowner investors want to know that they are doing the best that they can to keep the value of their home up, and solar panels will do this. Also, it will make their energy bill go down every month. There are plenty of statistics that suggest that the investment that you put into solar energy will pay for itself in a certain number of years. It is a great selling point for luxury homes as well as standard homes if residents can afford them initially.

Smart House Technology

Another good way to keep energy use down in your home is by utilizing smart home technology. It comes in all sorts of different flavors these days. If you have a central brain connected to your cell phone and intelligent appliances or outlets around your house, you can control all sorts of different aspects of your home life.

A smart home thermostat will know where people are in a house and heat or cool the home accordingly. Smart lighting units know when to turn lights on and off to save energy. It’s all about efficiency and analysis when it comes to these sort of technologies, and home design is quickly incorporating these concepts.

Carbon Footprint Comprehension

Do you know what your carbon footprint is? If so, then you know how much of that number deals with the activities that you participate in surrounding your home. How much gas do you use when you run the furnace? What is your carbon footprint running hot water or doing the laundry or using a vacuum cleaner?

As you begin to answer all of these questions, you can see why understanding power usage at home can make a big difference in what you feel about your environmentalist behavior.

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David Jackson, MBA

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