The median home value in Maryland is $252,600, a 0.4% decrease over the past year, according to Zillow. And prices are expected to fall another 0.6% within the next year. Still, this is a marked improvement from where we were in 2012, when the median home value was at $225,000. With the housing market still trying to climb its way back out from the depths, home builders throughout Maryland are trying to find ways to attract home buyers.
How to Maximize Marketability in Maryland
According to a new study by the National Association of Home Builders (NAHB), “What Home Buyers Really Want,” the No.1 factor home buyers are looking for is energy efficiency.
- 94% want Energy Star rated appliances
- 91% want an Energy Star rating for the whole home
- 89% want Energy Star rated windows
- 88% want ceiling fans
Home buyers are attracted to houses that offer energy savings. Period. In 2010, the “AVID Home Design Driver Report” found that energy-efficient features were the highest-rated home design element homeowners were looking for. The report surveyed over 11,335 homeowners throughout the U.S. who built or purchased a newly constructed home within the last nine years.
Home builders today should recognize the advantage of new, energy-efficient homes over the resale market. It is the clear-cut way to maximize marketability in not just Maryland, but across the country.
New Construction Windows and Energy Efficiency
According to estimates from the U.S. Department of Energy (DOE), your windows account for as much as 40% of the average home’s annual heating and cooling costs. Energy efficient new construction windows will minimize solar heat gain in the summer and heat loss in the winter, helping cut energy costs and making new homes more marketable.
JELD-WEN ENERGY STAR® certified new construction windows, for example, feature an insulating glass unit of two or three panes, as well as energy efficient coatings, which can help homeowners save up to 30% more energy than standard windows.
A JELD-WEN Window Supplier in Maryland
JELD-WEN windows are primarily sold through official dealers, such as Architectural Window Supply. For the past 20 years, we have been the go-to choice for homeowners, builders, and architects who need personalized, knowledgeable service. Along with JELD-WEN, we are also an official dealer of Norwood, Tradwood, Quaker, Panda, and Phantom windows.
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