Realtor® Kandy Clayton ~ Salt Lake City Utah Real Estate
Most homebuyers these days like the idea of buying a green home, especially when they hear the word "affordable green home." Now, the homebuyers in Utah can get the best of both worlds: an affordable green home. However, the biggest savings come after the purchase of the home.
There is a nonprofit builder, the Community Development Corp. of Utah, that is building the first of five affordable green homes for low-income families. These homes are being built on a vacant Magna field. They are also being loaded with energy-efficient insulation. The homes will even come complete with gadgets that will save the owner hundreds of dollars annually.
These affordable green homes will boast 1,185 square feet, three bedrooms, a garage, an estimated annual gas and power bill of $500 and the first one is expected to be on the market in 45 days.
The big savings here will come from the rooftop solar collectors that will heat water every day of the year, energy efficient windows, three layers of different insulation and a modern day central swamp cooler to combine refrigeration and evaporative cooling. The features should help lower-income Utah families qualify for a loan to buy the home.
Currently, the Community Development refurbishes homes with the goal of helping low-income families become homeowners as well as helping restore neighborhoods. They have been focusing on Magna lately, which is a historic copper mining settlement of 23,000 people in the Salt Lake Valley containing most of the Main Street bars, markets, a theater and a museum.
The homes will cost around $175,000 to $180,000. And this price includes extras such as $10,000 for the efficiencies and $8,000 for the solar water heater. Plus, the homeowner will be eligible for thousands of dollars in efficiency rebates on their taxes. For instance, they will be eligible for a $750 rebate on the modern swamp cooler from Rocky Mountain Power.
This really sounds like an outstanding bargain. And more great news: two of the five houses are expected to be finished this year.
If you want more information about buying real estate in Salt Lake City or its surrounding communities, contact me, Kandy Clayton.
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