Green Real Estate and its Attributes for Society
By: Julien Galvao
Tags: Buy Green Realty, Brooklyn Real Estate, Real Estate, Green Building, Green Energy

In today’s world, it’s more important than ever to start focusing on the impact humankind has on our planet. People are starting to become more aware of nature in general and the impact they make.

One of the ways people can make a positive ecological impact on planet Earth is by buying so-called green homes. What is green real estate, and why should you care? We decided to write a brief article explaining all the essential information you need to know about this trending topic.

Without further ado, here is everything you need to know about green real estate:

Introduction to a booming industry

As already mentioned, people are starting to recognize the impact we have on our planet, and more people every day are finding the desire to do something with it. Living in harmony with nature is something we all truly desire somewhere deep inside of us. Green real estate, however,

doesn’t necessarily mean you have to build your home in the middle of a forest completely out of the city and out of contact with other people.

What green real estate represents is more so the attitude of humanity towards nature. It is about taking responsibility for our impact and developing properties that are more ecological and energetically efficient.

A plethora of people don’t know that commercial real estate properties account for 30% of all greenhouse emissions in the world, and these numbers would be rising even higher if it weren’t for green real estate.

What aspects does green real estate consist of?

It is not only solar panels that make the difference. Other aspects of this movement are eco-friendly isolation, xeriscaping (a way of landscaping where the plants require little to no irrigation), and passive design ( architecture that utilizes the natural environment around the property to heat and cool it rather than relying solely on heating and air conditioning). Combine all these aspects, and you get homes of the future that are better looking, less energy-efficient, and, most importantly, less harmful to our planet.

Advantages of green real estate

Economic aspects

There are two main reasons for green real estate development in the United States. These are the client demand and healthier environment. But the economic benefits also can’t be overlooked. Increased asset value, shorter payback periods, and operating cost savings, just to mention a few, are the reasons that green real estate is starting to look more attractive to everyone.

Speaking of asset value, it is proven that upfront investment in green buildings also makes the properties more valuable, with many building owners seeing an increase of up to 10 % in their asset value.

When it comes to operating cost savings, green buildings have proven to reduce day-to-day costs year over year. These types of buildings report having almost 20 % lower maintenance costs than the average commercial buildings.

If you’re thinking about how big the market for such properties is, we can assure you that green buildings are for every market and every community in the States since it’s not just a small movement some people can join.

It is more so a trend that is going to take over the whole real estate industry and revolutionize it for the better.