How does energy refurbishment affect the value of a property?
Energy refurbishment can increase the value of a property, because it lowers energy costs, improves comfort and makes the property easier to market.
Energy refurbishment can noticeably affect the value of a property. It lowers energy costs, improves comfort and makes the property more attractive on the market. How much the value changes depends on the starting condition, the location and the scope of the work. We therefore give no blanket figures for the increase in value.
Why efficiency affects value
Lower running costs
Buyers and tenants pay increasing attention to running costs. An economical building is more attractive, because the monthly burden is lower.
Easier to market
A good energy rating is a selling point and shows in the listing itself. How the energy performance certificate works here is explained in What is an energy performance certificate?.
What you can realistically expect
Not every investment pays back one to one in the sale price. Some measures work above all through lower costs and better lettability, others more through the sale value. Whether refurbishment is worthwhile overall is covered in When is thermal refurbishment worthwhile?. A sound assessment comes from a property valuation, which takes the actual condition into account.
Refurbishment often pays twice: through lower costs today and a better price tomorrow.
What buyers and tenants look for today
Energy efficiency is no longer a niche subject. Rising energy costs and growing awareness mean that buyers and tenants look more closely at how economical a building is. A good rating becomes an advantage; a poor one increasingly becomes the other side's argument on price. For owners that means: investing in efficiency early makes a property fit for the future and easier to market. We follow this development in the Graz market and assess for you which measures really pay off in your property and which are of secondary importance.
How we support you
We value your property realistically, assess the effect of refurbishment and tell you openly which measures are worthwhile and which are not. As managers we plan refurbishments with foresight and oversee the work. That way you combine maintaining value, lower costs and better marketability. Arrange a meeting and we will look at your property.
