THE VALUE OF ENERGY EFFICIENT HOMES

Greater Perceived Value By Homeowner

Energy efficient homes provide builders with powerful tools to differentiate their homes. This allows their sales and marketing departments to validate the selling price and appeal to a broader base of customers.

Energy efficient homes provide tangible, valuable benefits to the homeowner. These benefits include:

  • Higher Quality Construction
  • More Comfortable Homes
  • Increased Resale Value
  • Reduced Energy Usage by Homeowner
  • Lower Home Maintenance Costs

    • Valuable Investment

    A recent Environmental Protection Agency commissioned study concluded that energy efficiency substantially increases the market value of homes. The study found that a home’s value increases $20 for every $1 reduction in average annual utility bill.

    Source: "Evidence of Rational Market Values for Home Energy Efficiency"
    Expanded Pool Of Qualified Homebuyers

    Energy Star® certified homes are more efficient, comfortable, and affordable. Through Energy Efficient Mortgages, a homebuyer is able to qualify for a larger mortgage with no additional income or other qualification.

    Energy Star® certified homes qualify for special energy efficient financing. As HERS providers, Energy Inspectors™ can equip your homebuyers with certified lender reports accepted by the lending industry (FHA, VA, Fannie Mae, Freddie Mac, GMAC and lending institutions) for Energy Efficient Mortgage approval.

    Did You Know….

    By considering the savings on monthly utility bills when determining how large a mortgage the household can afford, as many as 250,000 more potential homebuyers can qualify for new homes annually.

    Source: "Joint Center for Housing Studies"
    Increased Buying Power For Homebuyers

    Energy Star® certified homes qualify a homeowner for a larger loan through an Energy Efficient Mortgage. The extra buying power can range from thousands to tens of thousands of dollars enabling the buyer to afford higher priced homes with more features.

    Reduced Costs, "After The Sale…"

    Energy Inspectors™ has built our processes and trained our personnel around the concept of quality, energy efficient construction through 100% inspections. For a builder, this means:

  • Reduced Call-Backs
  • Reduced Builder Defect Claims
  • Increased Customer Satisfaction
  • Increased Customer Referrals
  • More Builder Profits

    • Increased Buying Power
    For a Standard Home
    Buyers total monthly income    $3,000    $5,000
    Maximum allowable monthly payment 28% debt-to-income ratio:    $840    $1,400
    Maximum mortgage at 90% of appraised home value:    $132,900    $221,500

    Increased Buying Power
    For an Energy Efficient Home
    Buyers total monthly income    $3,000    $5,000
    Maximum allowable monthly payment 28% debt-to-income ratio:    $900    $1,500
    Maximum mortgage at 90% of appraised home value:    $142,400    $237,300

    Added Borrowing Power Due to EEM    $9,500    $15,800

    Mortgage Rate of 7.5% · Down Payment of 10% · 30 Year Term Principal & Interest Only · Tax & Insurance Not Factored