Green Houses; the Attraction is Savings & Health
Going green is getting ever sexier and more appealing to buyers out there, and more sellers are keen on go-green and earth friendly updates. "Going Green" is not only cost effective, it's healthy!
The idea of saving cash on a regular basis is a factor in the driving forces behind green home sales because another driving force is the current and past economy. Consumers have become increasingly conscious of and concerned with rising utility costs (think 3% each year) and would rather buy a house that costs less to operate every year they live in it.
Most bankruptcy's are filed over a mere $300.00 a month cash flow issue and usually some major event that could have been safely dealt with had this money been saved.
Obviously, the appeal of saving money on growing utility bills (yes, growing, and about 3% a year) is one attraction for buyers, but also too, more and more people are becoming environmentally conscious and concerned. Demographic studies and polls across our nation and the world give strong and compelling evidence of this trend. (I'm personally tickled pink about that, we should care!)
From a Realtor's point of view, it's interesting to me that pointing out the air filtration system doesn't have nearly the impact of highlighting the fact that this home has cleaner air! Or these environmentally friendly construction materials are not only made from renewable resources, they're healthier for less chemicals. Or, how about this, cork is an excellent choice of floor for a bathroom, functional and beautiful it's not only a renewable resource cork is healthier because it's naturally anti microbial.
“Energy auditing is not as sexy as solar,” according to Tom Hines, Residential Energy Efficiency Program Manager, with APS. Yet, energy auditing is the first logical step in creating an energy efficient home. Hines insists, “You have to get the stacking order right. Don’t just put sizzle on a shack.” So, even if solar is more sexy, it may not be the first best choice when adding green improvements. Energy auditing is a process to gauge energy consumption.
Sellers; Think About Green Updates for Your Home.
If you want to sell or appreciate the value of your home don’t go straight for the kill. Make some smart improvements over sexy ones. “People will pay for High Energy Rating System audits HERS if they know what that is,” said Mike Mancini, National Director of Project Integration at Meritage Homes. Those that don't want to pay for this audit are still quite glad to have energy efficient appliances, high efficiency construction materials as with windows and insulation. Many look into Energy Star rated homes lately with enthusiasm.
Saving money and going green seem to go hand in hand. If a home is healthier, doesn't that mean fewer anticipated medical expenses down the road? And if you're saving $1,200-$1,500 a year on utilities, doesn't that help pay for health insurance? Contributing to the reason health factors are selling green homes more is more women wearing the pants with decision making. =
Mancini says 40-something year-old soccer Moms like his wife are the primary consumers. Market research over the last decade has clearly demonstrated educated women are usually the decision makers and the driving force behind green demand. The National Association of Realtors posted recently the average age of a first time buyer is now 31 and second time or "move on up" buyers are 42 on average, and that means a lot of buyers with children.
So there you have it, Going Green is sexy, healthy, cost effective and earth friendly! :)
Juanita Limes - Your Greater Dayton Area Ohio Realtor - Give me a shout for all your real estate needs,
937-776-6903 or just email me.