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Sellers take note: Buyers looking for energy efficient homes

Here is an informative article from News Canada. From my experience, buyers prefer a brick home versus vinyl siding, so if you are in the market for a new home, these are some things to consider. How energy efficient is your home? 

(NC)—When purchasing a new or resale home, Ontario residents are willing to spend more money for a home that is energy efficient (39%), will retain its value (23%) and is built using environmentally friendly materials (15%), according to a recent Leger Marketing poll.

The survey, conducted on behalf of MasonryWorx, an association of Ontario’s leading masonry professionals, also reveals residents between the ages of 35-54 years are most likely to pay more for energy efficiency, along with residents of southwestern Ontario.

“Homebuyers looking for an energy efficient home should start by considering what materials are used to build it,” said Judy Pryma, president of MasonryWorx. “Homes built with brick, block and stone offer superior energy savings because these materials help keep your home cool in summer and warm in winter, which means lower overall energy consumption.”

Survey respondents also indicated a good understanding of the many benefits of masonry, with 71% aware of the long life span, 72% aware of the fire resistance qualities, and 70% aware of the superior impact resistance offered by masonry products.

“Sellers hoping for a swift sale this summer may wish to emphasize the superior value of masonry products to entice buyers,” added Ms. Pryma.

More information about the energy efficiency of masonry products is available at www.masonryworx.com.

– News Canada

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