MYTH BUSTING-GREEN HOMES-PART 3

By
Real Estate Agent SL3287291
https://activerain.com/droplet/59Hs

In Part 1 of this series on Busting the Myths of Green Homes we addressed the myth:  Building Green Costs More. That post gives good information about why it may not cost more to build energy efficient homes.

In Part 2 we discussed the myth: Green is all about Product Choice. In that post we discussed how even some DIY projects could save the homeowner money.

Now, in Part 3, lets focus on the Myth that Green Homes are a Passing Trend.

We have all seen fashion trends that are so hot but soon pass. I once had hair to my shoulders and wore sandals and bell bottom pants. I don't even want to see those photos again.

In 1943 Thomas Watson, President of IBM is quoted as saying: "I think there is a world market for maybe five computers."  Watson really missed that one and where is IBM today?

When people make an investment in a new home, they want to make sure they are purchasing something that is not a flash in the pan.

When we focus on the Energy Efficiency and saving money on home related costs, we will see that Green Homes is not a passing fad.

Lets look at the benefits:

Green homes are much safer for health reasons

  • Cutting the inflow of outside air with the pollutants it carries will be a boon to those who suffer from allergies and respiratory disease.
  • Use of flooring that does not off-gas as well as installing cabinets that do not use glue will make the home healthier.

Proper humidity control will reduce mold and mildew which can cause serious health issues.

Trends and Projections for Energy Efficient Homes:     

Since 2005, the Green share of new single family residential construction has grown dramatically, increasing from 2% in 2005 to 23% in 2013.

That 23% represents the market share which translates into a $36 billion market opportunity.

In a survey, 50% of consumers ranked Green and Energy Efficieniency as a top requirement for their next home.

It is also a top individual attribute for apartment rentals.

People are very interested in SAVING MONEY.

It is estimated that in 2018,the Green single family housing market will represent about 40% of the market.

84% of all residential construction will have incorporated sustainable features.

Remember: you don't have to break the bank to save money.

The consumer today is very aware of costs and spending. Most, are very intent on SAVING MONEY

And I do not see that as a passing trend.

Energy Efficient homes are on the rise and will grow in demand.

 

For more information on Green Home go to: Wiley's Green Home Blog

 

John Wiley has earned the Green Designation from the National Association of Realtors.

He is an Instructor for the designation.

John is also a member of the Florida Green Building Coalition.

 

 

 

 

 

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Rainmaker
2,249,543
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good afternoon John - you mentions so many facits of green here.  They are smart building and not fad decorations.

Mar 09, 2018 01:02 PM #29
Rainmaker
401,635
John Wiley
Fort Myers, FL
Lee County, FL, ECO Broker, GRI, SRES,GREEN,PSA

Thanks Grant, for seeing where we are going with Energy Efficient homes.

Indeed, not a fad.

Thanks

Mar 09, 2018 07:51 PM #30
Rainmaker
1,434,894
Yolanda Cordova-Gilbert
Richmond, TX

John,

 That is interesting but it seems at least in my part of the world the Builders who are using more green cost more and some people rather pay over time with higher bills on electricity than on the mortgage. I do not agree with that concept at all I think in the long run green wins.

Mar 15, 2018 12:11 PM #31
Rainmaker
1,017,680
Nick Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Tredyffrin Easttown Realtor, Philly Main Line

We have been seeing more people opting for geo-thermal heating which is expensive to instal here but over time is a good investment.Builders are including lots of green or energy efficient products and techniques as and when they build. Overall, people do like to save money.

Mar 15, 2018 01:48 PM #32
Rainmaker
401,635
John Wiley
Fort Myers, FL
Lee County, FL, ECO Broker, GRI, SRES,GREEN,PSA

Nick & Trudy Vandekar, 610-203-4543 glad you commented.

Many people do not think of geo-thermal as an option. But it can be a great addition to Energy Efficiency.

Thanks

Mar 15, 2018 06:06 PM #33
Rainmaker
401,635
John Wiley
Fort Myers, FL
Lee County, FL, ECO Broker, GRI, SRES,GREEN,PSA

Yolanda Cordova-Gilbert you make a great point.

As with any aspect, a builder can be an asset or not.

Not all Energy Efficient additions have to add greatly to cost.

Lots of alternatives.

In fact some A/C installers will install a unit that is really much larger than needed. That is costly at installation and is not Energy Efficient. A too large a unit will not run long enough to draw the moisture out of the home and that can cause problems with health and other costs.

Thanks for contributing to the discussion.

Mar 15, 2018 06:11 PM #34
Rainmaker
1,434,894
Yolanda Cordova-Gilbert
Richmond, TX

John Wiley I once had a client who wanted a bigger A/C the builder I worked for refused he then hired a professional engineer at a cost of 5K and he said we were correct! I think he was one of the worst clients I ever had would never sell them a home again!

Mar 29, 2018 02:30 PM #35
Rainmaker
401,635
John Wiley
Fort Myers, FL
Lee County, FL, ECO Broker, GRI, SRES,GREEN,PSA

Yolanda Cordova-Gilbert I appreciate your contribution to the discussion.

It would not be unheard of that people think they need a larger A/C unit.

It is good to hear the builder understood and refused as it was in the best interest of the client.

Over-sized units create moisture problems and that can become very expensive.

Mar 29, 2018 04:48 PM #36
Ambassador
2,072,363
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Hi John, just coming by to see what you're up to of late. Hope you had a wonderful Easter weekend. D 

Apr 02, 2018 07:58 AM #37
Rainmaker
401,635
John Wiley
Fort Myers, FL
Lee County, FL, ECO Broker, GRI, SRES,GREEN,PSA

Thanks Debb. Easter was a wonderful day. I hope you found it to be good also.

Thanks for checking up on me. Keep up your good work Debb Janes EcoBroker and Bernie Stea JD 

Apr 02, 2018 04:16 PM #38
Rainmaker
4,440,360
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

John, stopping by to say thank you for commenting on my blog, and hope you are doing well.

Apr 04, 2018 06:49 AM #39
Rainmaker
401,635
John Wiley
Fort Myers, FL
Lee County, FL, ECO Broker, GRI, SRES,GREEN,PSA

Thanks Joan. Life is good.

Apr 04, 2018 12:51 PM #40
Ambassador
4,075,264
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

John green is the way of the future, and what future buyers will be looking for.

Apr 04, 2018 08:21 PM #41
Rainmaker
401,635
John Wiley
Fort Myers, FL
Lee County, FL, ECO Broker, GRI, SRES,GREEN,PSA

I agree George. Because the Green Wave is coming and I want to have a great ride on it and not miss it.

Thanks for commenting.

Apr 05, 2018 03:53 AM #42
Ambassador
4,295,235
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi John

This has been a terrific series, and yes, energy efficiency is definitely not just a passing fad. We are seeing more and more energy efficient products in the homes that are being built (well they all are energy efficient these days and getting more so) and more people are paying attention to how to be more energy efficient and to do good things for the environment.

And I am putting in my plug for the photo, too!!

Jeff

Apr 19, 2018 10:19 AM #43
Rainmaker
401,635
John Wiley
Fort Myers, FL
Lee County, FL, ECO Broker, GRI, SRES,GREEN,PSA

Thanks for commenting Jeff.

We are seeing more products that help the home become Energy Efficient.

This will also mean that these products will come down in price and that will add to our money savings.

Apr 20, 2018 04:01 AM #44
Rainmaker
3,443,199
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

John I remember 20+ years ago when Developers were asking me about "green features" and in those days we thought you could get more money for it.... and here we are 22+ years later the buyers in my  market not only expect it but they demand it, Endre

May 05, 2018 10:17 PM #45
Rainmaker
401,635
John Wiley
Fort Myers, FL
Lee County, FL, ECO Broker, GRI, SRES,GREEN,PSA

Great comment Endre. Many people today still use the thinking of several years ago and believe they still apply today.

There are so many myths but time changes things. The demand is growing for Energy Efficient homes and it is coming from multiple generational groups.

I appreciate your comments.

May 06, 2018 03:37 AM #46
Rainmaker
2,249,543
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning John - I have to say that my new energy saving appliances have cut my electric bill.

May 08, 2018 07:08 AM #47
Rainmaker
401,635
John Wiley
Fort Myers, FL
Lee County, FL, ECO Broker, GRI, SRES,GREEN,PSA

Grant, that is the practical application I like to talk about.

I have not met many people who do not want to save money.

Thanks for sharing.

May 08, 2018 06:41 PM #48
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Rainmaker
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John Wiley

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