Green Homes: The New Black?

November 20th, 2011 by admin Leave a reply »


In addition, today’s saturated real estate market, sellers are trying to differentiate their properties extol the ecological and energy efficient. Current publications list of green builders a lot of steps, to try to capture this advantage of the market. While home sales stable or decreasing the possibility of certification program of the Environmental Protection Agency’s Energy Star, the National Association of Home Builders, LEED and the U.S. Green Building Council for Homes program, request increases the credibility of the green state and leads to an increased marketability. .. or does it?

What is the meaning of the green certifications for the buyer really, if it can be a lack of comprehensive standards for certification bodies? For the certification of the Environmental Protection Agency’s Energy Star, a house must be at least 20 percent more efficient than the standard benchmark for a new house. The “Bronze” certification from the National Association of Home Builders calls for adding some features such as low-flow toilets, energy-efficient windows to block heat and dust and joists. These measures – in addition to the provincial and federal tax credits may also apply – certainly deserved, but how they pass the value to a potential buyer?

Some industry experts believe that the absence of a clear national standard leads to confusion, avoid simple comparisons for new and existing homes.

Sellers, and contractors who specialize in renovations green would do well to focus on measures that focus the quality of interior spaces with substantial improvement in energy efficiency. So practically, in addition proposed to the traditional incandescent bulbs to CFL, asbestos removal, with low VOC paints, and the transition to a green ground, the exchange, including energy audits and work with qualified consultants VET your green credit and tap the possibility of improving the marketability.

It is difficult to establish the association between the use of steps to a green house – either new construction or renovation of energy – and a direct return on investment for these measures. A recent study showed, buy McGraw Hill, 81% of home buyers to prefer a green house, even in this sluggish economy. However, it seems the willingness of buyers to pay a premium for green features to the time required to amortize their investments to environmental concerns are related. The increase in utility costs could also be the impetus this as a priority, could elevate the impact on purchasing decisions. And even if consumers are willing to pay a premium for energy-efficient features are, they can very well distinguish which a property can be moved to the other side.

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