Green Real Estate Properties
The ideologies of buyers in the real estate industry have drastically changed over the years. All they need is eco-friendly or environmental properties with the required facilities. Some of the environment-friendly features are:
Use of renewable energy sources
The current trend in the market is the demand for eco-friendly properties. The use of solar energy in water heating appliances, air conditioners, and inverters can attract many buyers. This kind of energy source can reduce their E-bills.
Rainwater harvesting is an effective way of storing rainwater for domestic usage. By using this method in our home, a large scale of water scarcity can be reduced.
Use of wooden furniture
Consumers are considering organic materials like wood and bamboo for interior furniture. Plywood made from wood chips and window treatment, which include bamboo shades, is some of the organic designs evolving in the green properties. Wooden furniture can add warmth, richness, comfort, and finesse to the household.
It is one of the critical factors for green real estate property. Properties with native plants and trees growing in and around the surroundings have much consumer demand. A property with artificial grass lawns requires lots of water to be supplied, whereas native plants and trees need only seasonal rainfall to grow. Plenty of water can be saved by having naturally growing trees and plants.
Eco-friendly interior insulations
Interior insulation in a home is necessary as it affects the room temperature. Using eco-friendly insulations with wooden chips, cotton, small broken pieces of stones and rocks, newspapers, and cellulose insulation can reduce noise and greenhouse gas emissions. Natural insulations have a low embodied energy and are fully disposable/recyclable at the end of their life.
Due to the increased demand for green real estate, many firms have started to promote their properties as eco-friendly homes. Buyers are more interested in having energy-efficient products and systems in properties. Many financial institutions and private sector firms are investing vast amounts of money in green real estate predicting its demand in the future. According to government policies, investors in this sector pay fewer taxes than commercial sector investors. Green building construction has become increasingly popular, and the construction of such buildings has been a significant challenge in the long run. A green building is setting up new avenues in the sector and increasing talent among architects, environmentalists, and suppliers.