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Does Going "Green" Add Value to Your Home?

May 07, 2012 | Comments: 0 | Views: 126

There is really no evidence to really prove if going green actually adds value to your home. According to certain specialists, installing energy- and water-saving technology to your home does in fact add value to your property. It also adds more value to those who are interested in purchasing these kinds of homes. You are more likely to sell your home in a higher price and also are more likely to be in demand. There will be more people who are likely to want to purchase these homes than regular ones. The more these homes are in demand, the more people would want to have them. This means the purchase price for this kind of property would increase.

There was a study done in Australia which determined that most office buildings with very high green star ratings are rented more often, which means they are able to profit more. The property in itself is considered high in value. This trend is spilling unto residential properties as well and many homeowners are finding out that they too can benefit from this revelation by having a high green star rating on their homes.

Even though you can profit more on properties with high green rating, it is also good to know that it is beneficial to the environment as well. The fact that it is not only beneficial to you financially makes it an ideal investment. It is also good to know that it will help in how the environment is treated. It is basically great for two reasons. This is definitely a win-win situation. Those who care about the environment will most likely purchase these types of homes since they know they will be helping the environment in the long run. Preserving and giving back to Mother Nature will be worth every cent to them.

The fact that the cost of electricity and water is increasing nowadays will definitely be a good idea to own home like this. It will lower the costs since it is a home or property that saves energy and water. It is not only beneficial to the environment but it will also lower the cost of living when it comes to utility expenses. If you choose to own a home like this, it will most likely save you money over the years even though it will cost you a lot to buy one. Look at it this way - purchasing a home with high green rating will benefit you in the long run because you will be saving money with lower costs in water and electricity which is two of the major things people need to survive. With the cost of living going higher and higher, it helps to have a home that will lessen the costs when it comes to the essentials.

It is true that going green will in fact add value to your home. Why not spend on a home that will not only save you money in the long run but also help the environment while you are at it. Green homes are fast becoming a necessity in this day and age where earth's resources are becoming scarce if we don't start to conserve today. Some say green homes and buildings are the future and this is the best investment a person can make for their family, the earth and future generations.

Thomas Lee writes for Penang Apartment on real estate and property for sale.

Source: EzineArticles
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