According to the latest McGraw-Hill Construction SmartMarket Report, the green share of single family home construction by value has doubled over the last three years from 8% in 2008 to 17% in 2011 equating to $17 Billion. The market conditions shows that green homes market will continue to grow from 29% - 38% (potentially $87-$114 Billion market opportunity) of the total construction market by the year 2016. This is based on the 5-year forecast for overall residential construction. The strong growth shows that customers nowadays are demanding for more green homes and projects.
The report also shows why homeowners prefer to build green homes as compared to the conventional homes. The benefits of having green homes include:
- Save money
- Better health
- Better comfort
- Better investment decision
Initial costs may be high, but they will save money in the long run due to lower electricity bills. In addition to that, health and comfort considerations are also important to homeowners.
Home builders' top consideration in building a greener home is the indoor air quality. Benefits of improved indoor air quality includes reduced mold, allergens and radon and reduced asthma triggers. This is achieved by using paints with low volatile organic compounds and designing for sufficient airflow.
Other considerations in building a green home are choosing earth friendly building materials; using solar energy when possible; and installing systems to recycle waste water.
The report also shows why homeowners prefer to build green homes as compared to the conventional homes. The benefits of having green homes include:
- Save money
- Better health
- Better comfort
- Better investment decision
Initial costs may be high, but they will save money in the long run due to lower electricity bills. In addition to that, health and comfort considerations are also important to homeowners.
Home builders' top consideration in building a greener home is the indoor air quality. Benefits of improved indoor air quality includes reduced mold, allergens and radon and reduced asthma triggers. This is achieved by using paints with low volatile organic compounds and designing for sufficient airflow.
Other considerations in building a green home are choosing earth friendly building materials; using solar energy when possible; and installing systems to recycle waste water.
Another advantage of a green home is it has a higher resale value as compared to the conventional homes. Home buyers look for affordability as well as green when making purchasing decisions.
If you want to see a list of energy efficient homes, please visit www.hearthstonealaska.com. These homes are developed by Spinell Homes - the largest home builder in Alaska. Spinell Homes is dedicated to building energy efficient and sustainable housing. For more information on Spinell Homes, check out www.spinellhomes.com.
If you want to see a list of energy efficient homes, please visit www.hearthstonealaska.com. These homes are developed by Spinell Homes - the largest home builder in Alaska. Spinell Homes is dedicated to building energy efficient and sustainable housing. For more information on Spinell Homes, check out www.spinellhomes.com.
No comments:
Post a Comment