DAILY REAL ESTATE NEWS | THURSDAY, JULY 03, 2014
Energy efficiency is the most important development and driver in making a new house greener, according to a newly released survey conducted by McGraw Hill Construction.
Sixty-two percent of single-family builders and 54 percent of multifamily developers say they’re doing more than 15 percent of their projects “green.” What’s more, 19 percent of single-family builders say they’re doing more than 90 percent of their projects green.
The main appeal to green building is energy efficiency, according to the survey. Seventy-five percent of single-family builders and 84 percent of multifamily builders said that improved energy efficiency was the biggest factor making their projects more green than two years ago. Other factors mentioned were improved indoor environmental quality, water conserving products/practices, and material conservation and recycling.
While builders report a higher interest in green, the survey showed that only 11 percent of single-family builders and remodelers are constructing homes that are greener in 2013 than in 2011.
Source: “Green Building Features,” National Association of Home Builders’ Eye on Housing Blog (July 2, 2014)
Phil Mount is an agent at Front Street Brokers in Boise, Idaho. Phil became a licensed REALTOR in August 2009 after a 25 year career as a technology marketing professional. In his first year as an a....