In honor of Earth Day, let's explore the rising trend of eco-friendly home features. Not only do these features help save the planet, but they also cut down on utility bills.
Over the past six years, the share of listings mentioning eco-friendly terms like "energy efficient," "zero energy," "solar panels," and "EV charging" has been steadily increasing.
According to Realtor.com Chief Economist Danielle Hale, it reflects evolving consumer preferences towards more earth-friendly living. Sellers are recognizing this shift and are incorporating eco-friendly features into their properties to meet growing demand.
Here are some noteworthy ones:
Electric Vehicle Chargers: With electric vehicles becoming more common, home listings now often include terms like "EV charging" and "EV charger." This reflects the rising popularity of electric cars and the increasing need for home charging stations.
Xeriscaping: Xeriscaping involves replacing traditional lawns with native, low-water plants. It’s gaining popularity as a real estate sales feature, offering both environmental and cost-saving benefits.
Tankless Water Heaters: Despite higher upfront costs, tankless water heaters are gaining traction for their energy-saving benefits. The term "tankless water heater" has seen a significant increase in listings, indicating growing interest in energy-efficient water heating solutions.
Solar Panels: Solar panels are becoming a staple in eco-friendly homes, harnessing the power of the sun to generate electricity. Listings mentioning "solar panels" have seen a notable uptick, highlighting the growing adoption of renewable energy solutions.
As the demand for eco-friendly living continues to rise, we can expect to see more homes equipped with these environmentally conscious features, benefitting both homeowners and the planet. #EarthDay #EcoFriendlyLiving #GreenHomeFeatures