img-3Statistics reports between 2022 and 2023 showed that the total volume of EV car sales in Australia tripled. The number of registered EV cars in 2023 was also 161% higher than in 2022. Interestingly, one survey also concluded that 70-85% of Australian EV owners prefer to charge at home.

Electric cars are becoming more popular, and the EV market in the country is constantly growing. These findings only mean prospective buyers will soon consider electric car chargers when looking for properties.

So, if you are considering selling in the future, here’s how an EV charger can increase your home value.

How Can an EV Charger Add Value to Your Property?

Installing a home EV charger is a unique selling point. It adds value to your property primarily because of the practical benefits its new owners will get. Here are some of them.

1. It makes life convenient and efficient.

Having an EV charger installed in your driveway or garage means you won’t need to make a detour to a public charging station and wait in long queues. This advantage is a plus for sure, especially if your house is in a rural area where charging access is few and quite far.

After a trip, homeowners can instantly plug in their car and do other things at home while it charges. The next day, they have a fully charged EV ready to go.

2. It saves money.

Another way a home EV charger adds value to your property is through cost savings. The upfront cost for installation may be significant, but charging your car at home is way cheaper than using petrol or public chargers.

In addition, home EV chargers typically have smart charging features. These allow new homeowners to charge overnight or during off-peak hours, lowering electricity costs and saving even more money.

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3. It is eco-friendly.

Did you know that in Australia, homebuyers are willing to pay up to 53% premium for eco-friendly houses?

Today’s eco-conscious buyers, particularly middle-income Gen X and Millennial families, are more aware of how sustainable home features can provide health, financial, and environmental incentives. This awareness explains the demand for homes with green amenities, including those that lessen fossil fuel dependence.

Driving an EV helps reduce carbon footprint, air pollution, and greenhouse gas emissions. A charging station installed at home showcases your commitment to a more sustainable lifestyle. All these make your house more attractive to a huge portion of modern homebuyers.

4. It is future-ready.

The age demographics of the homebuying market in Australia are changing. Now, Millennials and Gen Z members are the majority. These newer and younger generations will naturally look for property options that support high-tech, modern living.

Having a home charging station is one solution. With this feature installed and operational, new homeowners won’t have to worry about doing it themselves.

Things to Consider Before Installing a Home EV Charger

A home EV charger can truly add value to your property. But before calling for charger installation services, be sure to do the following:

  • Check your home’s electrical capacity and ensure it can support the extra load of an EV charger.
  • Determine what type of EV charger suits your car and charging requirements.
  • Find the ideal installation location for your EV charging station.
  • Review and compare installation costs.
  • Identify and address any permit requirements.

Read our previous article on how to install a home EV charger for more details.

Also, for extra home value, choose an EV charger with:

  • Smart charging features. App control, load management, and solar integration make your EV charger more adaptable to different homebuyers.
  • Comprehensive warranty and good customer support. Purchase your EV charger from a manufacturer with a proven track record and excellent after-sales service.

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Make Your Home EV-Ready for Added Value

Not everyone owns and drives an EV in Australia. However, the future is heading in this direction. So installing a charging station at home now will be a wise investment.

An EV charger will not only make transportation convenient and less costly. It will also boost your home’s value and appeal. As this feature perfectly aligns with many modern buyers’ needs, you can easily sell your property, even at a premium price.

Ready to install an EV charger? Future-proof your home with Canny Electrics and call 1300 522 446 today!