As more Americans embrace eco-friendliness, it's time for you, a property owner in Prescott, AZ, to do the same. According to MultiHousingNews.com, a survey found that sustainability features account for four of renters' top ten most-favored property attributes.
The above stats highlight how sustainable property management can transform your Prescott rental. By adopting this strategy, you can become a "planet protector." At the same time, it can help you attract the right tenants, improve your property's value, and lower your expenses.
So, join us today at PMI Northern Arizona as we share some of the best eco-friendly property practices and sustainable maintenance strategies in this guide.
Go With LED
One of the most straightforward, affordable strategies Prescott landlords can use to create more sustainable rental properties is replacing incandescent lighting with LED technology. According to the U.S. Department of Energy, LED lights use at least 75% less energy than the incandescent ones. They can even outlast incandescent lighting products by up to 25 times longer!
Switching to LED can reduce your property's lighting bills and overall maintenance costs. You'll spend less on replacing your lighting systems and maintaining your rental property.
Invest in ENERGY STAR Appliances
ENERGY STAR is the international standard for energy efficiency. Appliances that earn this rating:
- Have the same or even better performance than their non-ENERGY STAR counterparts
- Consume much less energy
- Have a lower carbon footprint and environmental impact
According to EnergyStar.gov, these highly energy-efficient products can save the typical U.S. household around $450 on energy bills yearly.
Use Intelligent Home Technology
Intelligent home technologies use smart devices, like smartphones and tablets, to remotely control:
- Appliances
- Systems
- Devices
Incorporating smart tech into your Prescott property's green building management policies can help you and your tenants reduce energy consumption and save costs. Here are some examples:
- Smart thermostats: Manage and control the energy use of heating and air conditioning systems
- Intelligent lighting: Cut energy waste by turning lights off when not in use
- Energy monitors: Identify areas or aspects of your property that use the most energy
Engage Eco-Conscious Renters
Renters today are more aware of environmental issues. They often prioritize their green values when seeking apartments for rent in Prescott, AZ.
Effective eco-friendly property management means engaging with this audience by:
- Promoting sustainable features through listings and marketing materials
- Highlighting your property's environmentally friendly features, including the above
- Adopting eco-friendly property upkeep, for example, using green cleaning products and sustainable materials during repairs and renovations
- Implementing recycling programs to encourage tenants to recycle and significantly reduce waste
Embrace Sustainable Property Management Today
Implementing sustainable property management strategies in Prescott, AZ, is good for the environment and a smart business move. Such strategies can reduce costs, attract quality renters, and increase property value. Plus, because they benefit the planet, they create a win-win situation for everyone involved.
With the backing and support of PMI, a fast-growing company that has served the property management sector for two decades, our full-service rental management firm, PMI Northern Arizona, can help you achieve your green building management goals. From effective marketing strategies to innovative technology and sustainable, value-boosting property upkeep, we can do all these (and more!) for you.
Call us today to discover how we can help and request your complimentary property analysis!
