If your family is in the market for a new home, whether it’s new construction or just new to you, there are many benefits to buying a green home. Green homes are better for the environment, less expensive to run and maintain and are healthier for the whole family. If you are considering a new home, here are some green things you should know:
1. Green Lending is Available
Many people aren’t aware that green lending exists. Federally insured mortgage providers like Fannie Mae, Veterans Affairs and the Department of Agriculture all have green lending options. Though the lenders may have varying requirements, the loans typically come in two forms: a loan to buy an already established green home and a rider to make green changes to an existing home. You can qualify for these loans through your regular lender.
2. Green Homes Operate for Less
If you purchase a green home, you’ll find that your utility bills are lower
than normal thanks to energy-star appliances, HVAC systems and lighting. You
won’t have to spend so much time in a green home figuring out how you can cut
costs and maintain your budget; the cutting has been done for you!
If you choose to make improvements to an existing home, replacing appliances should
be your first step. Look for those that are energy-star certified. If you’ve
not taken out a green loan and are short of cash, there are several easy things
you can do: switch to low-flow faucets, showers and toilets, install energy
efficient light bulbs and add insulation where it is lacking.
While most landscaping is indeed green, we’re not talking about the color of your grass. Environmentally friendly landscaping can improve your yard’s drainage, help cool your house in the summer and warm your house in the winter.
By planting bushes, shrubs and flowers that are native to the region, your landscape will require less maintenance. Native plants are born to grow in your soil; they require less fertilizer, less watering and, if left to their own natural devices, less pruning. This type of environmentally friendly landscaping is perfect for homeowners who want a beautiful garden without an excessive amount of work.
4. Air Quality Inside the Home is Better
A green home eliminates indoor air pollution by removing the use of carpets,
vinyl and noxious paints. If anyone in your home suffers from asthma or other
respiratory ailments, a green home makes good sense. Because many people want
carpeting in their bedrooms and refuse to forego the soft, cushioned feel of
fibers under their feet, manufacturers are now making green carpeting. If you
are one such person, be sure to ask for this healthier alternative when
shopping for your new flooring.
In our most recent recession, many homeowners have seen the value of their homes plummet. What was once worth several hundred thousand dollars may now be worth far less. Owners of green homes have not been included in this trend. As market demand increases, green homes will only rise in value and that makes them a perfect investment.
There are hundreds of reasons why going green makes sense and these listed are only a tip of the iceberg. If you are in the market for a new home, consider going green. Not only is it healthier for the environment but it’s healthier for your family as well.
Mary Cratz, a real estate consultant, helps her clients find the best loans in georgia to buy the home of their dreams.