Insulation a top priority for home buyers
By Anonymous on December 09, 2013

Fairfax NZ News (30/11/2013) has reported that many Kiwi buyers are placing a preference on good insulation and a sunny home over features such as open-plan living or a nice kitchen. and Homestar, the green rating agency, found that recently surveyed buyers were after energy efficient homes as they are easier on the bills and more pleasant to live in.

Many would put a price premium on efficient cooling and heating systems and high levels of insulation. Ninety percent said that this would justify a higher price tag.

More than fifty percent of surveyed buyers placed value on features such as solar panels, double glazing, water conservation systems and energy efficient fixtures.

Almost a third considered eco-friendly and sustainable materials were important, with a close number valuing rain water tanks and other water saving systems.

This annual survey of close to 6000 buyers was performed to help gauge what items people were looking for when househunting.

Leigh Featherstone of Homestar said it is "good news" that everyone is taking a strong interest in the energy performance of their homes.

"We're seeing a real appetite for information and good advice."

Paul McKenzie of the website said that it is now clear that features such as energy efficiency and good insulation were "increasingly important" to Kiwi buyers.

House orientation to the sun was the most valued aspect of energy efficiency, with over eighty percent rating it as valuable. This was followed closely by the value of good insulation.

Other factors that at least half of the participants looked for were having storage space, at least three bedrooms, open plan living, a quiet street and an outdoor entertaining space.

Potential house buyers are aware that energy efficient homes with good insulation are healthier, more pleasant to live in and reduce the bills for the householders.

Earthwool® glasswool insulation is a partner of Homestar, an initiative to help New Zealand homeowners improve the warmth, health and comfort of their home.