Rochester Real Estate Trends For 2014 And Beyond

Your Rochester home inspection company, HomePro Inspections, is happy to share with you the top trends for 2014: meeting buyer demands in a seller’s market.

rochester real estate trends being displayed in a home with specific qualities like energy efficiencyWith many real estate industry watchers predicting 2014 will be a seller’s market, you may think you won’t need to do much to sell your home this spring. Not so fast – while more buyers are likely to be competing for homes, that doesn’t mean they’re willing to settle for less than perfect. In fact, coming out of the real estate crash of a few years ago, buyers have learned the importance of getting the maximum value for their home investment.

While home prices are expected to rise in 2014, buyers continue to have high expectations. Homes that meet buyers’ lists of “must-haves” and “would-love-to-have” features will be positioned to sell more quickly and closer to – or above – list price, experts say. So what are homebuyers looking for in 2014?

Whole-home, beautiful energy efficient features

In the earliest days of the efficiency trend, many buyers would have settled for a house that reduced heating and cooling costs through good insulation, or cut electricity bills with energy-sipping appliances. Modern buyers, however, are interested in homes that take a holistic approach to energy efficiency. That means supplementing energy savings with more thoughtful features like daylighting and natural ventilation through energy-efficient skylights, using solar-powered water heaters, and employing intelligent controls for skylights, other lighting and heating/cooling systems.

Buyers want energy-efficient upgrades that also offer high aesthetic appeal in addition to functionality, making features like ENERGY STAR-qualified skylights particularly popular. In fact, 55 percent of homebuyers in a National Association of Home Builder’s survey said skylights are desirable or essential. Skylight manufacturer VELUX America notes that installing no-leak, solar-powered fresh air (venting) skylights not only enhances indoor air quality, but can boost energy efficiency, working in concert with windows. Add remote-controlled, solar-powered blinds and skylight energy performance ratings can improve as much as 45 percent. And solar powered skylights and blinds, as well as the installation costs, are eligible for a 30 percent Federal tax credit.

Smarter size and space

While buyers will always look to get the most bang for their buck, many are deciding that “bang” does not necessarily mean “bigger.” The great recession saw many families downsize into smaller homes – with more manageable mortgages. Even with the economy moving again, many homeowners have found they like the efficiency and utility of smaller, more purposeful spaces.

The functionality of a room is now as important as its size. Buyers will continue to embrace rooms that make the most of the space available, such as compact kitchens that maximize storage, smaller bathrooms that optimize lighting efficiency and privacy, while saving wall space through use of skylights, and open rooms that serve multiple purposes. To see how skylights would look in any room in your home, get a skylight planner app, take pictures in your home, and overlay skylights and blinds on the images with a few clicks.

Aging-in-place potential

As more baby boomers approach and enter their golden years, homebuyers are looking toward the future and seeking homes that offer the potential of allowing them to age in place. In demand are home features that not only look good now (such as an open floor plan or larger bathroom) but that can be easily adapted for older occupants who may face challenges with mobility, vision and other age-related issues.

A range of home features fit the bill, including ground-floor bedrooms, ample natural lighting to enhance vision, open floor plans that minimize obstacles to mobility, larger bathrooms that can easily be fitted with grab bars, kitchens with age-friendly features such as touch faucets, and smaller yards with lower maintenance requirements.

While higher demand and less inventory are likely to make 2014 a better year for sellers than buyers, if you’re selling your home, knowing what buyers are looking for can help ensure a faster, more rewarding sale – in any market.

George Cline Rochester Home Inspector posing for a professional photo in a shootGeorge Cline is President of HomePro Inspections which he founded in 1991. George is a  NYS licensed professional engineer, a NYS Certified Radon Measurement Provider, and a NYS approved Technical Instructor for continuing education. In addition to full home and commercial property inspections, George consults with home and building owners on specific concerns such as wet basements, structural issues, roofing problems, heating and cooling systems, ice damming and attic ventilation problems. He has trained several home inspectors in the field and is a certified member of the American Society of Home Inspectors (ASHI). Give George and his Team a call to schedule your Rochester Home Inspection at 585-670-6323 or schedule your inspection online at http://www.rochesterhomepro.com/blog/schedule-now/

Rochester Energy Efficiency Is Taking A Big Step

Your Rochester home inspection company, HomePro Inspections, is happy to share with you information about going green and saving money in new and exciting ways.

rochester programmable indoor temperature control and good lighting in this home remodelSpring is the perfect time to think green. For some it’s spurred by the coming of Earth Day, others the renewed greening of our lawns. And many are motivated by the desire to save a little green in their wallets with a fresh new season of home repairs. If you’re one of these people, you can help save some green for the planet, as well as your hard-earned cash, by making energy efficient upgrades throughout your home.

Helping the world stay green gained traction with the first Earth Day held March 22, 1970, as declared by Senator Gaylord Nelson of Wisconsin. As a nation, much has been accomplished with the environmental movement, yet there are also easy things you can do at home to “go green” and save money at the same time. Here are some tips for home energy efficiency upgrades indoors and out.

  • * Cool efficiently: When it comes to home energy bills, heating and cooling accounts for as much as half of the average home’s utility costs, according to energy.gov. Get ready for the hottest days of summer by tuning up your heating, ventilating and air conditioning (HVAC) system so it’s operating efficiently. Change your HVAC filters regularly. In addition, if your cooling system is more than 10 years old, consider replacing it with one that has a Seasonal Efficiency Ratio (SEER) of 20.00 for better savings. Trane’s XL20i, for example, can mean a savings of up to 60 percent on your annual cooling costs – that’s cool cash in your pocket.
  • * Programmable temperature controls: A programmable HVAC control can reduce energy consumption by up to 15 percent compared to traditional nonprogrammable thermostats. Today’s HVAC control systems, like the Trane ComfortLink II Control, now monitor indoor and outdoor temperatures, plus home energy use over time, to help you manage energy and comfort even further.
  • * Conserve water: Remember, water isn’t free. Indoors, lower water bills by installing low-flow water fixtures including toilets, showerheads and faucets. Outdoors, add a water-saving spigot for the garden hose. To avoid water evaporation, water your plants early or late in the day, and when your green lawn starts to grow, don’t mow too low. If you have lawn sprinklers, double check that they are set to water grass and shrubbery instead of the driveway or sidewalk. Rather than hose down your deck to clean it, save water by sweeping instead.
  • * Lighting: About 10 percent of the energy your home uses goes to lighting costs, according to energy.gov – in fact, by just replacing five of your home’s most frequently used lights with energy efficient ENERGY STAR bulbs, you could save $75 a year in energy costs. Compared with traditional incandescent bulbs, compact fluorescents can yield as much as 75 percent energy savings and last six times longer. You can save even more energy and wasted heat by switching to LEDs. Outdoor lights using CFLs or LEDS save energy, too, so look for ENERGY STAR qualified fixtures designed for outdoor use.

By taking these steps, you can help make the world a little greener, keep your home a little greener, and save even more green where it really hits home – in your wallet.

George Cline Rochester Home Inspector posing for a professional photo in a shootGeorge Cline is President of HomePro Inspections which he founded in 1991. George is a  NYS licensed professional engineer, a NYS Certified Radon Measurement Provider, and a NYS approved Technical Instructor for continuing education. In addition to full home and commercial property inspections, George consults with home and building owners on specific concerns such as wet basements, structural issues, roofing problems, heating and cooling systems, ice damming and attic ventilation problems. He has trained several home inspectors in the field and is a certified member of the American Society of Home Inspectors (ASHI). Give George and his Team a call to schedule your Rochester Home Inspection at 585-670-6323 or schedule your inspection online at http://www.rochesterhomepro.com/blog/schedule-now/