7/21/2014 - Americans 'Going Green' When Remodeling
The summer months may mean a lot of things to different people, but for those who've been planning on renovating their home for awhile now, it's the time of year that they can finally start to put their plans into high gear. And, according to professional remodelers, a common theme for home improvement projects thus far have been related to energy efficiency.
High-performing, low emissive windows have been some of the most common installations residential remodelers have used this year, based on a recent study performed by the National Association of Home Builders.
Chris Paul Sullivan, licensed remodeler and member of NAHB from New Hampshire, indicated that one of the reasons why he believes the windows are more popular today is because of how low-priced they've become.
"The improved availability and affordability of high-performing building products means energy-efficient features are being incorporated into more home improvement projects," said Sullivan. "Remodeling can not only improve the overall layout and features of a home, but depending on the upgrades you choose, you can also save money on utilities, improve indoor air quality and strengthen the long-term value of your home."
Through the year thus far, other highly popular green building features renovation professionals have installed include high efficiency HVAC systems, programmable thermostats and ENERGY STAR appliances.
Though some may cast them off as a passing fad, green features are likely here to stay for the foreseeable future. In the next five years, the percentage of remodelers whose projects are predominantly green-related will more than double, according to a study done by NAHB and McGraw Hill Construction.
A key component of any renovation project is keeping one's homeowners insurance company informed about the process. New installations are put in during home improvements that may affect the insured value of the property and this needs to be accounted for.
For more information about homeowners insurance or how a remodeling could impact your current coverages, talk to a local Selective agent today.