When the summer heat increases, home energy bills can increase quickly. As a result, as a rental property owner or landlord, making your rental property more energy efficient is a sensible financial move. Not only do energy-efficient upgrades help increase property values, but they also help you attract and keep quality residents.
Even little modifications, such as repairing drafts or installing smart tech upgrades, might add up to significant improvements. Let’s talk about a few budget-friendly ways to boost energy efficiency in your rental property and keep everyone cool this summer.
Seal in the Cool: Weatherstripping for Rentals
Did you understand that a significant portion of the cool air generated by your rental’s air conditioning unit could be escaping through tiny gaps around doors and windows? Leaky windows and doors are the primary causes of inefficiency.
Luckily, fixing the issue is not too difficult. In fact, installing or replacing weatherstripping is one of the fastest tactics to lock in both comfort and savings. To determine what your property needs, walk through and check for drafts or worn-out seals.
Doors and windows help keep the hot air out and the cool air in by using weatherstripping. It’s an affordable solution that can make your rental property more comfortable.
Upgrade to Energy Efficient Windows
If you have a somewhat larger budget, think about the rewards of replacing old windows with new, energy-efficient options. Outdated, drafty windows are one of the most common causes of homes wasting energy in the summer months.
If your rental still has single-pane or outdated windows, it may be best for a renovation. Buying energy-efficient windows for your rentals can not only lower cooling costs but also increase property values.
Even if a full replacement is out of reach at the present time, you can still boost efficiency with thermal window film or blinds that block out the sun’s intense rays. The increased convenience and lowered bills will be significantly appreciated by your residents.
Inspect Insulation and Attic Ventilation
A well-insulated home is essential year-round, not only when the weather turns chilly. It’s equally crucial to maintain a comfortable indoor temperature all summer. Proper insulation keeps the cool air in and the hot air out, bringing about summer utility savings that you’ll adore.
To measure the insulation quality in your rental property, check the attic, walls, and crawl spaces for any exposed or worn spots. During your inspection, remember to check attic ventilation. Proper attic airflow helps prevent heat buildup, keeping your air conditioning system from working inefficiently.
Smart Thermostats Make a Difference
Smart thermostats are a great option for rental homes these days because they are a huge turning point for energy efficiency. Smart thermostats and similar devices enable renters to set programmable heating and cooling schedules, so the air conditioner isn’t blasting when no one’s home.
You can control your smart thermostats with the accompanying mobile apps. Buying a smart thermostat can generate significant energy savings, while also giving a modern amenity that renters appreciate.
Encourage Good Habits for Tenants
Lastly, there are a number of things that renters may do to enhance the energy efficiency of their rental home. Give your tenants simple tips to save energy.
This could include closing blinds and curtains during the hottest parts of the day, using ceiling fans to circulate cool air, and substituting the air filters regularly to keep the system running smoothly. Giving your residents a helpful energy-saving checklist helps everyone work together to keep utility costs down.
Ready for Lower Bills and Happy Tenants?
Increasing the energy efficiency of your rental property doesn’t need to be a challenging or costly task. With smart upgrades like weatherstripping, energy-efficient windows, and a few proactive inspections, you can build value, attract and retain quality renters, and keep current tenants contented.
Get in touch with your local experts at Real Property Management Tidal right now for expert tips and effective property management in Norfolk. We’re here to help you maximize every season! Contact us online or call 757-206-2071.
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