With New Zealand household energy costs increasing faster than the rate of inflation and in many cases at double digit percentage rates now is a great time for owners to look at ways to make homes more energy efficient and eco-friendly.

Green renovations are not only better for the environment they also help save money and can boost property value as Kiwis increasingly put energy efficiency and sustainable living high on wish lists when buying a new home.

While studies on the exact capital gain of solar panels in New Zealand vary, reports have indicated that properties with an installed solar system are seen as more desirable and can sell faster and supporting the possibility of higher resale price.

To get a measure of how environmentally friendly your property is, Homestar, an independent sustainability rating tool has been developed by the New Zealand Green Building Council. It certifies a property’s design and construction for energy efficiency, health, comfort, and overall sustainability. Ratings are on a scale of 6 to 10, with higher numbers indicating greater performance beyond the New Zealand Building Code minimum standards.  Property owners can get a rating for the design phase of a new home or renovation and an existing property, through a Homestar Practitioner or Assessor. 

Going green at home starts with whitegoods and pumps

Upgrading to energy-efficient refrigerators, washing machines, dishwashers and heat pumps with high energy rating labels is one of the simplest and effective green renovation projects homeowners can undertake. These appliances consume less energy and water, while  featuring fixed assets such as pumps and dishwashers in property listings can enhance the overall marketability of the property.

Incorporating the latest ‘smart technology’ is another way to ‘green’ properties. For example, ‘smart thermostats’ learn property owner routines and can adjust heating and cooling schedules, accordingly, reducing energy consumption. In addition, ‘smart lighting systems’ can be programmed to turn off when rooms are unoccupied, further conserving energy.

Water conservation is key element of a green reno. Installing low-flow fixtures, such as water efficient showerheads and taps and dual-flush toilets can significantly decrease water consumption without significantly impacting performance.  Rainwater harvesting systems can be another valuable addition to a property, especially those in areas with highly variable rainfall.

Those thinking about embarking on a green reno should be aware there are resources available than can help reduce the financial burden of sustainable home improvements.

Many financial institutions offer ‘Green’ loans for energy-efficient renovations and improvements that contribute to a property’s overall sustainability.

Whether you want to buy, sell or rent a property, don’t hesitate to contact your local Raine & Horne office.