Whether you’re in the process of getting your property ready to sell or you know you won’t be there forever, you’re probably thinking about ways you can increase the return value of your home. Maybe you plan to finish the basement, rip up the old carpet, or replace the windows. One thing you may not have considered is insulation. Did you know that insulating/reinsulating your home can contribute to an increase in your home’s value? We’re here to tell you why!
Benefits of a well-insulated home
While you probably know that insulation helps to keep your home warm in the winter, you may not be aware of the other benefits you can receive from a well-insulated home!! The National Insulation Association lists various benefits of insulation, including:
- Reducing the cost of energy (heating and cooling)
- Preventing condensation and excess moisture
- Reducing the noise level from both outside and throughout the home
- Protection from fire
And more! Another great benefit is the return on investment (ROI) you’re going to see when it’s time to sell!
How insulation can increase the value of your home
If you experience high energy bills, extreme fluctuations in temperature, drafty doors and windows, freezing pipes, or other discomforts, you likely need to update the insulation in your home! Not only will you be able to increase the comfortability of your home and save money on energy costs, but you’ll increase the value of your home, too!
Adding or updating insulation is considered an energy-efficient update, and it can contribute positively toward the overall structure of your home. Because these are two things home buyers are often paying close attention to when looking at houses, homeowners can see anywhere from a 2-6% increase in the value of their home! This is largely dependent on the type of insulation used and how much of the home is insulated. Basically, the better quality of the insulation used throughout a larger percentage of the structure will lead to a higher ROI.
The bottom line
Insulation has proven to be a positive investment in homes as it helps increase comfort, reduce energy bills, and increases the ROI of the home! If you’re thinking about adding or updating the insulation in your home, spray foam insulation is great for adding both structural support and value to your home!