To summarize, the city of Austin is requiring energy audits for home sales moving fwd. Sellers will be required to pay a few hundred dollars to have their home inspected for its energy efficiency. The findings are then provided to the buyer during the escrow period. The goal is to encourage sellers to make their homes more energy efficient.
I don’t think anyone will argue that we all want more energy efficient homes, however, why in the world are we hitting sellers with additional cost in Austin….. in an already slumping housing market? The timing of this is just dreadful. If you’re wondering how you can live in Austin and not have heard about this… simple… the city of Austin has done a terrible job of letting homeowners know about this new requirement. I would estimate that less than half of Austin Homeowners are aware of this.