Aside from the growing environmental consciousness of those who are house hunting, the government is also implementing policies making the industry greener. Developers and investors are building and trying to find houses that would be able to satisfy the governments environmental standards. International organizations and institutions are also playing major parts in pushing both the private and public sectors in reconsidering their environmental actions.
In fact, construction companies which are indispensable to real-estate developers, are striving to be “green certified.” According to the U.S. Green Building Councils Leadership in Energy and Environmental Design LEED, 5 % of commercial construction companies had the ability to secure LEED certification in the previous year. Aside from that, major companies like IBM, JP Morgan Chase, etc. are moving into green buildings.
According to the McGraw-Hill report, there are developers that would purchase houses and properties which they would change into green structures and homes. The McGraw-Hill survey reported that green structures tend to bring 3 % and 7.5 % greater profits.
The National Association of Home Builders specified that the market is experiencing an increase in demands for environment-friendly homes. As a matter of fact, the American Institute of Architects in their 2006 survey, specified that 90 % of individuals are willing to pay $5,000 more just to have a home that makes use of less energy and is earth-friendly.
According to the U.S. Green Building Council, more homes are becoming environmental-friendly due to its many advantages. What are these advantages?
Greener homes use less energy, which means less money for bills. The price of fuel has been constantly rising over the past few years. Lowering your energy bills would permit you to assign your spending plan for other essential things needed in the house. According to Energy Star, a program of the U.S. Environmental Protection Agency and the U.S. Department of Energy, about 15 to 20 % of house energy is lost because of poor construction For Info go to .
Much better and healthier air quality.
Indoor air is two to 5 times more contaminated compared to outdoor air, according to the U.S. Environmental Protection Agency. Indoor air can aggravate allergic reactions and asthma. Using home products and machines that produce better air quality are those products paints, stains, glues that have a low content of harmful chemicals. They could cost more, but it would be better for the property owners wellness in the long run.
Choosing greener homes and structures means that you are helping save the earth. Property owners and real-estate developers are decreasing waste-production due to the fact that they are working with products that would last longer and are recycled products. Also, less consumption of energy implies you are consuming less fossil fuels, and less of a carbon footprint.
When thinking about making your real-estate property eco-friendly, you can always collaborate with a community or local green building organizations. They have a network of architects and builders who would have the ability to help you improve your home. There are also standards when building green homes, so make certain that you are correctly informed. Prior to proceeding with any green real-estate developer or builder, make certain to inspect their previous work or generate as much information as you can from previous customers.