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Knoxville Real Estate: Energy Star Features Save you Money!

November 20, 2012 By Troy Stavros

lower energy bills in Knoxville real estateKnoxville Real Estate: Today more than ever, energy efficiency is of utmost importance.  Since partnering with Schaad Residential Construction, LLC, one of the few 100% committed Energy Star builders in Knoxville, we have seen the incredible impact living in an Energy Star home can have on a client’s utility costs. Troy Stavros, Broker and Partner with the 865 Real Estate team said, “The monthly savings on a client’s utility bills can be dramatic. We are talking hundreds of dollars a month. I think very few people understand the magnitude of the savings and the positive impact it can have on the environment. It’s now our job as a marketing partner with Schaad Companies to get that word out.”

So what features make an Energy Star Certified home different than typical Knoxville homes for sale, and what value do those features bring?  The features according to the Energy Star website are:

Optimal Value Framing and insulated headers: This is good for energy efficiency and good for the environment.

Closed/Conditioned Crawlspace. These perform better than a vented crawlspace in terms of safety, health, comfort, durability, and energy consumption.

Energy Star windows. These help reduce energy bills and reduce condensation. The benefit is a cooler home in the summer and warmer home in the winter.

Air Sealing. This is basically sealing every hole where wires penetrate through a wall (both interior and exterior). For those searching Knoxville real estate for some peace and quiet, Air Sealing reduces outside noise leading to a quieter home. It allows for less pollen, dust, pollution, and insects to enter the home. It lowers the moist air flow through a home ultimately improving the durability of the structure. It also lowers energy use, leading to lower utility bills.

Improvements to ductwork and overall HVAC improvements. The sealing of ductwork prevents leakage of conditioned air and can improve a system’s efficiency as much as 20%. Ductwork is wrapped in insulation and oftentimes an additional layer of insulation is blown over the ductwork in the attic. 15 Seer seer, high efficiency gas HVAC units can be located in the conditioned crawl space.

Energy Star fixtures. Energy Star rated lighting uses 1/4 the energy of traditional lighting and are constructed to last longer.

Energy Star Appliances. These appliances incorporating advanced technologies can 10%-50% less energy and water than standard models.

Thermal Air Barrier Alignment. This ensures that there are no gaps, voids, or compression in the insulation materials. An effective air barrier leads to a tight house and minimal lost energy.

Tankless Hot Water Heaters. These provide hot water only when needed. Traditional storage water heaters produce standby energy losses that cost the homeowner money. When looking at Knoxville homes for sale, keep an eye out for this upgraded feature.

Radiant Barrier Roof Deck. This stops radiant heat through your roof, reducing temperatures in the attic by up to 30 degrees!

Stavros concluded, “As you can see there is a big difference in what goes into an Energy Star Certified home. The biggest difference though, is what you will be paying the utility companies every month.”

Filed Under: House Hunters Knoxville

Top 10 Knoxville Luxury Homes with Largest Price Reductions

November 17, 2012 By Troy Stavros

Knoxville real estate luxury homes price reductionsAre you in the market and looking for Knoxville luxury homes, but waiting on the market to give you a deal?  Oftentimes you can really see who is motivated to unload their Knoxville real estate by watching for large price reductions.  This often signals that sellers are tired of waiting and are ready to unload their property.  In the case of many luxury homes, affluent buyers many not have a mortgage on their property.  When this is the case, and paying off a balance isn’t an issue, you can sometimes buy a home for less money that it would take to reproduce it.  That being said, for all you deal hawkers out there, below are the luxury homes with the 10 largest, most recent, price reductions.

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Filed Under: Deals Over 750K

Top 10 Most Expensive Luxury Homes for sale in Knoxville

November 17, 2012 By Troy Stavros

Top 10 Most Expensive Knoxville Luxury HomesThe Knoxville luxury homes market is alive and well.  Interested in seeing what you can buy in Knoxville for well over a million dollars?  We’ve accumulated the Top 10 most expensive luxury homes in the Knoxville market for you to peruse.

Filed Under: Knoxville Luxury Homes

Knoxville Real Estate: Great for First Time Home Buyer or Investor

November 17, 2012 By Troy Stavros

Knoxville real estate at 10203 Green Spring Lane, Knoxville, TN 37932If you are a first time home buyer, looking to downsize, or looking to invest perhaps in a Knoxville real estate rental, take note.  This home in the Plumb Creek Subdivision of West Knoxville is a real sleeper.  Zoned for Hardin Valley Academy and conveniently located off Lovell Road just minutes from the Pellissippi Parkway or Middlebrook Pike, it is a short drive to just about anything you need.  What really makes this home a sleeper are the recent updates completed by the owner that you wouldn’t typically find in a home in this price range.  New granite tops in the kitchen to go along with stainless steel appliances and a center island.  New granite counter tops, vanity, and tub with custom tile surround in the 2nd bath.  New granite tops, vanity, and shower in the Master Bath.  New deck. New HVAC unit.  Separate laundry room.  Storage shed located in the large, flat backyard.  Cul-de-sac location.  Currently listed at $148,500!  As far as Knoxville homes for sale go, it almost sounds too good to be true.  Call or text us at 865-999-0925 today, FAST, to schedule your private showing.

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Filed Under: 865 Real Estate Listings

Knoxville Real Estate: National Housing Market Predictions

November 16, 2012 By Troy Stavros

Knoxville Real Estate Housing Market PredictionsTroy Stavros, Broker and Partner with the 865 Real Estate team stated, “Whether it is when we are working with buyers looking at Knoxville homes for sale, speaking with our current sellers, speaking with past clients or talking with complete strangers, the question always comes up… What is happening with Knoxville real estate and where do you see it going?

Equipped with information from the National Association of REALTORS that was garnered at the recent 2012 Realtors Conference and Expo, the 865 Real Estate team shared the forecast. Stavros said, “With the important caveat that credit does not tighten further and a fiscal cliff is avoided, Knoxville home prices should continue to rise.” The 865 Real Estate team quoted NAR economist, Lawrence Yun who predicted a 6% increase in the median home price in 2012, followed by an increase of 5.1% in 2013, and comparable increases in 2014. Along with prices, sales are projected to increase each subsequent year as well. With 2012 seeing a 9% increase to 4.64 million, and 2013 increasing to 5.05 million, then 2014 to 5.3 million. The amount of distressed sales is predicted to decrease from about 25% in 2012 to only 8% in 2014. Economists saw mortgage interest rates increasing to and average of 4% in 2013 and moving higher to 4.6% in 2014 caused by inflationary pressure.

Stavros also noted that these predictions are for the national real estate market and reminded the 865 Real Estate team clients that Knoxville real estate has fared much better than most other markets. “Looking at the local market, with distinct indicators such as low inventory, buyer demand, and competitive bidding tells me there is only one place for our market to go, and that is up. The only reason I can see this not happening is if buyers cannot access money to buy Knoxville homes for sale, i.e. lending standards get tighter, or if there is a major governmental breakdown such as the fiscal cliff.”

Filed Under: Home Market News, House Hunters Knoxville

Knoxville Real Estate: Energy Star Certified Homes in Knoxville!

November 13, 2012 By Troy Stavros

Energy_Star_Certified-Homes-Knoxville_Real_EstateThe 865 Real Estate team, the leading Knoxville real estate team at Gables & Gates, REALTORS has recently partnered with long time Knoxville builder/developer, Schaad Residential Construction, LLC to market their new Energy Star Certified homes in Knoxville. The team at the 865 Real Estate team is currently marketing the Energy Star Certified Knoxville homes for sale in the Sheffield Subdivision in Farragut, TN, and the Kensington Subdivision in West Knoxville.

According to sources at Energy Star, increasing energy costs and continuing growth of consumer demand for efficient products that do not sacrifice performance have been the driving force for new developments in energy efficiency and green building programs across the nation. The Energy Star program was birthed as a joint venture between the U.S. Environmental Protection Agency and the U.S. Department of Energy. The Energy Star Certification itself was designed to help builders meet high levels of energy performance while giving consumers the confidence of knowing their home systems are energy efficient.

Schaad Residential Construction has committed to 100% Energy Star built homes. Local Knoxville home buyers of Energy Star Certified, Schaad built homes, have confirmed what has been noted on the Energy Star website. That being huge results, like families saving about 1/3 the cost of their monthly energy bill. Couple that with the huge environmental benefits and the impact is tremendous. The website states that the energy savings in 2010 offset greenhouse gas emissions equal to the same output as 33 million cars, also equaling $18 billion in utility bill savings.

Troy Stavros, Broker and Partner with the 865 Real Estate team at Gables & Gates, REALTORS stated, “For the Knoxville real estate buyer, the benefits are both immediate and lasting. They will immediately benefit from lower utility bills and they will benefit in the future from increased resale value.”

[idx-listings linkid=”286998″ count=”10″ showlargerphotos=”true”]

 

Filed Under: House Hunters Knoxville

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Copyright 2024 - Troy Stavros - CornerStone Realty Associates, LLC - 865-966-9700 - 12748 Kingston Pike Suite 206, Knoxville, TN 37934 *Some or all of the listings displayed on this site may not belong to CornerStone Realty Associates, LLC. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable, but is not guaranteed.