Serving Bel Air, Benedict Canyon, Beverly Hills. Brentwood, Laurel Canyon, Los Feliz, Malibu, Pacific Palisades, Melrose, Santa Monica, Sherman Oaks, Studio City, Topanga, Canyon, Westwood & Hollywood Hills.

Name

E-mail

facebook Canyon News twitter Canyon News

Canyon News

Bel Air News

Beverly Hills News

Brentwood News

Hollywood Hills News

Laurel Canyon News

Los Angeles News

Los Feliz News

Malibu News

Melrose News

Pacific Palisades News

Santa Monica News

Sherman Oaks News

Studio City News

Topanga Canyon News

West Hollywood News

Westwood News

Woodland Hills

Celebrity News

State News

National News

World Headlines

Deaf News

Entertainment

Film

Television

Music

On the Industry

Star Gazing

St. John's Confidential File

Theatrical Musings

Life & Style

Event Listings

Tech Talk

Looking Good For Lots Less

Spirit & Creativity

Miller Time

Books

View from the Hill

NY WEST

Chrystal's Recipe Corner

Career and Life Coaching

Gardening With Tony

Life According To Lenson

Real Estate Realities

Food

Sports

Marathon Running

Keeping It Bruin: A Look Into UCLA Athletics

Baseball

Basketball

Football

Hockey

Pets

Vi's Corner

Pet Tips

Point of View

John Armor

Message to America

Critic At Large... Ruta Lee

Labor Week

Ramblings

10 Degrees Cooler

McConnors corner

Edge of the west

The Physics Wizard

Auto

Kyle's Kars

Travel

Susan Michelle's Compass

Advice

Ask Deanna

Dear Lily

Ask Oona

Features

Dancing with Earthquakes

Archives

Sports Schedules

Traveling Beyond the Canyon

Edge of the West

Law Man

Ask Us

Nathan Tabor

The Angry Economist

Truth Probe

As I See It

Columnists

Truth Conquers

The Live Wire

Notes from Exile

Letters to the Editor

Dog Training by Anthony

Canyon Mews

Speak!

Sponsors

America's Most Wanted Dogs

World Recipes

Vegetarian Lifestyle

Humor

News Briefs

Local News

Books

News

Canyon Fodder

Bad Movie Night

Critical Projection

Ed's on the Town

Fitness Quests

Flashback Films

Stories of the Strange

Gourmet Grandma

He Said/She Said

Home Matters with Yvonne

L.A. Etch-a-Sketch

L.A. Ruminations

McConnor's Corner

Mommy Minute

Musically Speaking

My Back Pages

Publisher's Pages

ResourceINK

Scene and Heard in L.A.

Silly...But Wise!

Sunset Diaries

Table Options

The Paws Cause

TV Stuff

Cartoon of the Week



Real Estate Realities

Going Green Helps Improve Home's Value
Posted by David Rosenfeld on Feb 9, 2013 - 1:19:24 PM

LOS ANGELES—It sounds funny, but it’s not easy going green, with apologies to Kermit the Frog.  Using environmentally-friendly technologies and practices can be expensive and sometimes difficult to adapt to your home.

House_006_web.jpg

Since many of these technologies are still relatively new, they can be costly. But with some research and hard work, you can make use of them and improve the overall value of your home and reduce your utility cost. But it’s not simply a matter of increasing property values, it’s about improving our lives and that of those around us by supporting environmental issues and awareness of the value of going green.

By supporting clean technologies we are doing our part in adding more jobs and steering us away from fossil fuels that damage our environment and pollute our air and water.

But do your research before you commit yourself to adding solar panels, investing in an low-water irrigation system, or adding skylights or installing other equipment. Solar panels are quite expensive, for the most part, so do the math and consult with an expert to determine just how much it will cost versus the benefit  it will provide in terms of saving energy and adding value to your home.

According to industry sources, the average cost of a home solar power system ranges between $15,000 and $40,000, but the good news is that the price is dropping, thanks to recent national policies removing barriers to deploying the technologies more widely.

A recent check of some companies, solar power systems can be bought and installed for just under $10,000, so do your homework to see if it’s right for you and your family.

The upside, besides the improved value of your property, is that once you begin using this clean energy, by law, you’ll be able to sell power that you don’t use to your local utility, not to mention allow you to receive valuable rebates from your local government that would net you thousands of dollars.

You can also look into installing skylights to improve the use of natural light, thus reducing your electricity costs. Moreover, getting rid of older appliances for newer, energy-efficient machines will also reduce your energy use, but may also provide some benefit from local government in the form energy credits or rebate.

These days, many homebuyers have become more aware of energy-efficient homes and see them as more attractive than those that are not. Whether its greater social consciousness on the part of many of us, homebuyers see going green as the way to go these days.

As it is, a home solar power system will likely pay for itself in as little as six years, depending on its size and cost. Ultimately, it will be up to you whether you want to bear the cost of going green, but it’s definitely something to consider as new technologies continue to grow and become more affordable.

David Rosenfeld is a Real Estate broker and president of Advantage Real Estate, a Real Estate and investment firm in Santa Monica, and a Rotary Club member. He has more than 20 years experience in commercial and residential property investments and financial counseling. He can be reached at 310 450-4488 and at dr@advantage-realestate.com.



 

Cliffside Malibu

-------------------------

-------------------------

 

MANHATTAN BEACH

Serving Bel Air, Benedict Canyon, Beverly Hills. Brentwood, Laurel Canyon, Los Feliz, Malibu, Pacific Palisades, Melrose, Santa Monica, Sherman Oaks, Studio City, Topanga, Canyon, Westwood & Hollywood Hills.