
Eco-friendly renos help sell your home


According to the Canada Mortgage and Housing Corporation (CMHC), the average Multiple Listing Service house price in Canada is forecasted to grow by only 5.2 per cent in 2008, a more moderate increase than the estimated 10.6 per cent growth from 2007.
The growth trend is expected to continue declining in 2009 to 3.8 per cent, yet the CMHC anticipates the actual number of resales to remain robust over the next two years.
This combination of weakening resale prices with a strong sales volume means Canadians need to be smarter than ever to get the most for their homes.
The rising popularity of eco renovations suggests that greening a property may help a home differentiate itself as a hot property.
The following tips for environmental curb appeal to enhance buyers' first impressions, and perhaps even help encourage a bidding war, are provided by Home Depot Canada.
Natural light
Adding a small window or skylight reduces energy use. Tubular skylights with highly reflective tubing will illuminate just about any area without introducing heat.
Lawncare
Keeping the lawn green and tidy is essential for curb appeal. Give prospective buyers peace of mind by using natural pesticide alternatives on the flora and fauna.
Solar Installations
Installing a photovoltaic solar panel system or solar water heating system can increase a home's value as each has the potential to significantly reduce energy costs over many years and increase self-sustainability.
Water Conservation
Updating the bathroom with a dual flush toilet, or low-flow showerheads or faucets, can create a water conscious restroom.
Foliage
Strategically planting beautiful trees, bushes and shrubs can reduce energy consumption by insulating the home or creating natural shading.
Interior Updates
Environmental options that look great and might help home buyers feel better about their investment include carpeting with post-consumer content, natural or recycled flooring and low-VOC paint.
Simple outdoor upgrades
Replacing the locks, mailbox, address plaque or porch light can instantly refresh the look of a home.
Environmental options include choosing dark sky approved light fixtures or an Energy Star-qualified door.




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