Energy renovation

Owners

26 Jan 2023

@freepik.com

Energy renovation

Ecological transition, Climate and Resilience Act, DPE, rental permits, energy renovation is an important subject for lessors, tenants, buyers, or sellers.

Today, considering energy renovation works has many advantages whether you are in an individual or collective accommodation.

Beyond a vital gesture for the planet, these works have immediate benefits, lower energy bills, improved comfort, increased value of the property and legal obligation for certain cases (some properties with the worst energy performance will no longer be commendable by 2025).

What work to do alone or with the co-ownership ?

Individual works:

The advantage of doing work individually is in the speed of realization of these works because they're not subject to the other co-owners.

This can be : 

- Change of windows and/or roller shutters (check in advance your obligations towards the co-ownership) 

- Internal thermal or sound insulation

- Change of the domestic hot water production system and/or heating.

Collective works:

Today a poor energy performance of your building impacts your property. 

There are several advantages to implementing the work collectively.

On the one hand despite the length of the implementation to make global operations allows to obtain more attractive prices and will be more effective on the savings achieved. 

On the other hand, the value of individual goods can be greatly improved if the collective focuses on these issues.

This can be:

- Exterior wall insulation

- Roof insulation

- Insulation of low floors 

- Flap and/or roller flap changes 

- Change of heating and/or hot water system

- Insulation of the domestic hot water and/or heating network

- Isolation of singular points So, it is essential to discuss with the co-ownership and to vote.

Why do renovation work ?

- Optimization of your energy consumption and therefore reducing of your bills (up to -40% depending on the work done)

- Increase in the value of your property - a good DPE is pretty reassuring for buyers or tenants. (See notaries' study on the price of housing according to the DPE which dates from 2016, that is before the new diagnostics).

- More comfortable home

- Making a gesture for the planet, the Climate and Resilience Act aims to accelerate the ecological transition of French society and economy

Financial helps:

Depending on the renovation work decided upon, there are various aids proposed by public bodies.

Those may cover up to 100% of the amount of the work to be carried out and without any advance  costs.

Energy retrofits have never been so accessible because of all the existing financial support.

Moreover, your energy bill will decrease, your carbon footprint will also increase, and the value of your property will increase, tenants prefer low-energy properties just like buyers.  

Next steps ? 

Whether it is for individual work or if you want to address the subject within your condominium it is also possible free of charge to be accompanied.

Indeed, a professional will advise you on the types of renovations to consider and the most efficient for your home. A consultant will be able to evaluate the work and the assistance available to obtain a maximum amount without an advance fee.

Need advice ? LOKIM agency expert partners are at your disposal.