Buyers of green homes want to avoid wasting water and save money with lower water bills. Water efficiency can also increase energy savings for buyers and renters, as less energy is required for hot water heating compared to typical home design. Research has shown that buyers are willing to spend from 1-4% of a home’s purchase price for third-party green certifications, such as Home Innovation’s NGBS Green, which all include some element of water and other resource efficiency. Most recently, NAHB’s 2021 What Home Buyers Really Want survey says nearly 50% of homebuyers are willing to pay at least an additional $500 for a home that meets an above-code standard for water efficiency.
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Come takeover the Home Innovation Insights blog! Every few weeks we are allowing a green blog media takeover and granting posting privileges to a Verifier influencer with green expertise to share.
Today's takeover-er is Jamie Carr, Partner at Eco Achievers and NGBS Accredited Master Verifier. Read on to see what Jamie has to say.
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“There’s no place like home!” But surely even Dorothy Gale wouldn’t have wanted to go back if home was hot and humid or cold and dry. Comfort is the appeal that draws residents home every day. Whether they think about it or not, the climate and air quality in homes can make the difference in how comfortable the residents and their guests feel. Most home owners or renters turn on the air conditioner in the summer and the heater in the winter with limited knowledge about how these systems work. Builders don’t have that option – you must know all the important factors that go into calculating building envelope tightness, which ultimately lead to resident comfort.
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NGBS Green Certified homes perform better than code minimum homes in many ways, but energy efficiency is one of the most tangible benefits to homebuyers. Benefits of an energy-efficient home include lower utility bills, increased comfort, and improved resale value. When it comes to energy efficiency, there are two options for demonstrating compliance to the National Green Building Standard ICC-700 (NGBS) – the Prescriptive Path or the Performance Path.
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