As a home owner, I often find myself researching how to increase home value without emptying my savings. My neighbors seem to have some pretty creative ideas, one added landscaping, another updated a bathroom. These ways were well and good, but I needed something a little different, something that would not only increase home value, but also help me in my day-to-day home ownership expenses. The one thing I kept coming back to was insulation.
As the price of fossil fuels continues to rise, and the debate regarding supply/demand continues, energy efficient homes are more than just a way to save money; energy efficiency can increase a home's equity. If you are interested in learning how to increase home value, there are some simple - and not so simple - things you can do to keep your equity on the rise. Whether you decide to go big and replace your windows and insulation, or keep things more moderate by replacing old appliances, the key to energy efficiency is to keep your eyes - and budget - on the Energy Star label.