Green Real Estate Upgrades and Renovations – How to Save Money on Heating and Cooling
The following interview was conducted with Marlayna Phenechka, a building subcontractor based in Asheville, North Carolina who practices green building and sustainable thinking. Phenechka has worked on both residential and commercial real estate projects in North Carolina, Tennessee and Virginia. She outlines some basic upgrades to facilitate more efficient and less expensive heating and cooling. The upgrades are a smart investment for the average consumer since the money spent is quickly recouped.
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Dominate the Green Real Estate Market
It might seem that in rough economic times, people’s main priority would be on saving or generating money. There is some truth to this statement, but it is not the whole truth. Some home buyers are not just looking for a good financial deal. They also want to buy a green or environmentally friendly property. Actually, they might even be fusing their financial and environmental concerns by seeing saved energy as saved money, and a healthier planet as good for their own health, too. Either way, it might behoove home sellers and real estate agents to see how they can attract and keep the attention of eco-conscious buyers.
Firstly, you might try making small but critical changes to the property itself in order to make it more environmentally friendly. Some of these changes can actually be classified as basic sprucing-up of a home that is up for sale. For instance, a seller might want to fix a leaky pipe. Fixing that pipe will save precious water-a plus for many environmentally-conscious buyers. However, it should appeal to most buyers, whether they worry much about the environment or not. Bad plumbing will definitely make the property harder to sell, and may get you in trouble after the sale, if you concealed the problem from the buyer and did not fix it. Some areas have very strict laws about such things.
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