The Cost vs Value Report released every year by Hanley Wood Remodeling is a benchmark for homeowners to see the potential return on investment of popular home improvement projects. This data is compiled by taking various recently remodeled homes that sold. One of the best projects for return on investment is installing new insulation in the attic. In particular, new fiberglass insulation is installed to cut down on potential heat loss. Because heat rises, this is one of the most important areas of the home to insulate. Good insulation saves on heating and cooling costs year-round!
The national average of installing fiberglass insulation in the attic is about $1268 according to the Cost vs Value Report. At resale, this upgrade recoups an average of $1468. That’s a 117 percent return on investment. When you look at the regional statistics for New England, the cost is roughly the same, $1292. But the average.return on investment is $1858, a return of 144 percent. This doesn’t even include the residual savings in heating and cooling costs during the life of the new insulation, which can be up to 20 percent. ENERGY STAR has a good tool for estimating energy savings from effective air sealing and insulation.
Aesthetically, installing attic insulation isn’t exciting. But because of how much it adds to a home’s energy efficiency and performance, it’s becoming more of a focus than ever. Being highlighted in the Cost vs Value Report is making attic insulation more popular to install than ever. When it comes to comfort, it’s well worth the $1200-1300 of investments. Knowing you can get all that money back plus 20 to 40 percent at resale is a big selling point, plus as much as a 20 percent cost savings in energy costs.
Also, having properly installed quality insulation is necessary in gaining ENERGY STAR certification for your home. Pro Insulators, a division of National Lumber, has expert installation teams and the best available insulation products. Homeowners and contractors alike are quite happy with the work of the Pro Insulators teams. We provide the expertise to meet ENERGY STAR certification requirements for builders and timely, reliable service to homeowners retrofitting older homes.
Being one of the most cost-effective home improvements for homeowners and a selling point for newer homes, proper attic insulation and air sealing is well worth the investment. Not only can Pro Insulators bring your home up to the latest local and state building codes, but you can enjoy a more comfortable home for decades to come.