Index
- According to a Casavo survey, 3 out of 4 homeowners have carried out or intend to carry out energy efficiency measures
- 69% consider government incentives important for boosting the construction sector and the Italian GDP. However, the perception of a "waste" of public funds is growing, indicated by 37% of respondents
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Milan, 22 October 2024 - The topic of energy efficiency has become central to the environmental and economic debate in many countries, especially in response to the growing challenges of climate change and the ecological transition. European policies and national initiatives, including the 110% Superbonus, have encouraged the renovation of buildings to reduce energy consumption and CO₂ emissions, promoting the adoption of sustainable technologies and renewable energy sources.
Casavo, a company that offers smart solutions for buying and selling homes, wanted to investigate how these issues are perceived. These issues are part of a broader sustainability context and aim to transform Italy, where 60% of residential buildings were built before 1976, into a more resilient and environmentally friendly country.
27% of Italians have no intention of carrying out any work on their property.
The results of the research Commissioned by SWG, the survey reveals that 3 out of 4 homeowners have carried out or intend to carry out energy efficiency improvements in their homes. The greatest resistance from those who do not intend to carry out work on their property (27%) is the cost of these operations, indicated by 51% of respondents. Following this, 39% do not believe it is necessary to make changes to the property.
Government incentives: useful for construction and GDP, but the perception of waste of public funds is growing
The economic aspect therefore remains relevant for Italians, and government incentives for energy efficiency confirm a perceived positive impact: 69% (down two percentage points from January 2022) consider them important for reviving the construction sector and Italian GDP. However, the perception of "waste" of public funds is growing, indicated by 37% of respondents (+11% compared to the 2022 survey).
Government incentives in the construction sector can represent a fundamental opportunity to promote sustainability and energy efficiency in the sector,” comments Victor Ranieri, Chief Revenue Officer of Casavo. “However, it is necessary that these are economically sustainable and, above all, continuous over time. The Italian real estate stock is rather old and with very granular ownership, mainly in private hands. This makes it particularly challenging to align properties with the necessary innovation and environmental standards without receiving adequate support, which should be strategically designed to create a framework that supports private individuals, but also renovation companies, in renewing existing assets."
"At Casavo, we are already seeing increased interest from users in renovated properties that meet energy efficiency criteria, especially in the central areas of Milan and Rome, where properties already have fairly high base prices and buyers are unlikely to consider undertaking renovations as well. We have recently implemented an evolution of our valuation model, which now also integrates the energy class variable, an aspect that makes each valuation even more accurate," concludes Ranieri.