Does Home Insulation Add Real-Estate Value To A Property?
As a homeowner, you are often in situations where you are researching ways to increase the value of your home. And it’s safe to say that owning a home is a never-ending chore. That is normal since we all want to have a cozy home, which is also of good value in case we need to sell it. People often find new ways to increase the value of a home through different ideas. Some invest more in landscaping, some are updating their bathrooms and kitchens, and others try to find new purposes for their basements. These are all great ideas to add some value to the property, but some people need something else. This is when people start thinking about insulation.
With climate change, as well as the entire world’s economies, people are looking into new ways to preserve energy. One such way certainly is insulation, which can additionally lower the bills and help contribute to the conservation of energy. However, the big question is does home insulation can add value to your property. If you are ready to find that out, read on and take notes!
What is Home Insulation?
Before we get into how it adds value to your home, let’s see what home insulation is. House insulation is probably the most important component of a home. It provides a lot of great benefits for you and it can significantly increase the value of your property. When you add this extra layer to your homes, you are doing a great job on the preservation of energy. This means you will be able to keep your walls cooler in the summer and warmer in the winter.
There are lots of different insulation types used in both residential and commercial properties. For your home, you can choose from house insulation wrap, fiberglass insulation, and even insulation that is good on metal (for your roof, for example). Additionally, there are board insulations that include mineral wool, foam board, and cellulose. Each type of insulation has its pros and cons, it is up to you to decide or even get advice from professional insulators.
If you’ve ever researched insulation, you’ve probably seen something called R-value. This value refers to the insulation’s thermal resistance and its ability to reduce heat flow. The thicker the insulation is the higher the R-value gets. And if that value is high, it means that it is better at insulating your home.
Impact on Home Value
Now we are getting to the most interesting part. The answer to the question of does insulation add value to the property is simply “yes”. Yes, the insulation makes your home more appealing and provides an extra layer that can control the temperature at home. As a result, your home is more sustainable and minimizes the consumption of energy, which leads to your home being more valued. So, as you can see added insulation increases the property value making it easier to sell and for a higher price.
The impact your added insulation has on the property will depend on the size of your home and the type of insulation. However, there are reports that homeowners enjoy a 2 to 6 percent increase in the overall value of their property. Today, energy-efficient upgrades go a long way and they are high in demand. This means that if you own a home in which you invested through energy-efficient features and upgrades, you can enjoy a great return on investment.
In addition to adding to energy efficiency, insulation also adds protection. Insulated walls have more protection against water damage or any other type of deterioration. This is an important element of a home, both for your own safety and comfort and increase in value in the long run.
Benefits of Insulation
It is safe to say that adding insulation will provide an increase in value. However, let’s see why that is and what are the benefits of insulating your home.
Every homeowner wants a comfortable home that they can enjoy no matter the weather. Insulation is the miracle worker here since it can increase comfort levels. What’s more, it will keep your home comfy throughout the whole year. During cold and harsh winters, all you want to do is heat up the home. It could happen that some of that heat escapes due to lack of or poor insulation. As a result, you are constantly in need of adjustments and constant heating.
Additionally, the same thing can happen during the summer. As soon as you cool the room, the walls will get heated due to the sun and your home will soon become hot again. Insulation is the solution here since it can prevent the walls from getting too hot or too cold.
Better energy usage
If you own a home you know that it’s not always about comfort. Sometimes, it is about the bills and usage of energy. When your home isn’t insulated, all that heat we talked about can escape, and all that cool air can easily perish. With insulation, the temperature you choose stays inside longer making the home comfier. With that, you don’t have to use your heating or cooling systems as often as you do without insulation.
And with less energy use you spend less money. Your utility bills will get lower and you can save a lot of money. Not to mention how you are contributing to saving more energy globally. Additionally, when you add insulation, you should promote this upgrade on your listing since it adds value. Everyone wants a comfy home that doesn’t spend too much energy, and this makes it perfect.
Believe it or not, proper insulation can dampen the noise in your home. Whether you like listening to loud music or you have happy and joyous kids, insulation will keep that noise inside. Not only that, but it will also provide extra protection from outside noise. You might be living in a noisy neighborhood, or you don’t like hearing everyone from the outside when you’re trying to relax. With an insulated home, sound insulation is also added, providing you with peace and quiet.
Reduced risk of water and mold damage
No one likes damage to their house, and insulation can help prevent that. When there is condensation on window frames, mold spores could build up. This often can happen during the winter since windows are constantly cold while the inside is warm. Additionally, heating systems can create warm and moist air in poorly insulated places. Such places include your attic, crawl spaces, exterior walls, and basement. This makes these spaces perfect for mold growth and you can stop all that with proper insulation of the entire home.
Insulation keeps optimal and constant temperature throughout the home and during the whole year. This prevents mold spores from forming and keeps your home healthy. Additionally, proper insulation will prevent costly water damage. Water can greatly damage your home leading to expensive repairs that no one likes. With insulation, all those risks are much lower and it saves you a lot of money in the long run.
What to Consider When Adding Insulation?
Before you decide to purchase your rolls of insulation, it’s important to consider some things. First of all, consider the age and square footage of the house. Insulation is available in various materials and thicknesses and it’s important to find the right one for your house.
Also, consider the weather in your area. Not all insulation types are suitable for all weather conditions. You need to find the appropriate type for the climate you live in. This way, you will provide better protection and comfort for your home.
Lastly, the construction type of your home will impact this decision, too. For example, if your home is brick-walled, you need a different type of insulation than people who have wood or metal siding.
When you know all these little considerations, you will manage to make better decisions. And with picking the right insulation comes better protection and energy efficiency. And as your home is energy-efficient and properly protected, it is bound to be valued more, as well as your entire property.
As you can see, a little investment goes a long way. Any investment in the house is great and it can lead to an increase in value. However, insulation does that job perfectly. By adding insulation, you are making sure your home is comfortable and energy efficient. Plus, you are protecting its structural integrity by keeping moist and mold away from it. When you add up all those benefits, plus the nice noise cancelation you get, too, as a result, you have a perfect home. Not only that, but its value can increase significantly, making your home a great investment. So, if you are considering adding insulation, do the research, get the type your home needs and enjoy the return on investment and the comfort of your dream house.