The ideologies of buyers in the real estate industry have changed drastically over the years. All they need are green or environmental properties with the required facilities. Some of the eco-friendly features are:
Use of renewable energy sources
The current trend in the market is the demand for environmentally friendly properties. The use of solar energy in water heaters, air conditioners and inverters can attract many buyers. This type of power sources can reduce their electronic bills.
Rainwater harvesting is an efficient way to store rainwater for domestic use. By using this method in our home, a large scale of water shortage can be reduced.
Use of wooden furniture
Consumers are considering using organic materials like wood and bamboo in indoor furniture. Plywood made from wood chips and window treatments, which include shades of bamboo, are among the organic designs moving into green properties. Wooden furniture can add warmth, richness, comfort and finesse to the household space.
This is one of the important factors for green real estate. The properties, which have native plants and trees growing in and around the surroundings, are in high demand among consumers. A property, which has artificial grass lawns, requires a lot of water to be supplied whereas native plants and trees only require seasonal rainfall to grow. A lot of water can be saved by having naturally growing trees and plants.
Ecological interior insulation
The interior insulation of the house is necessary because it affects the ambient temperature. Using environmentally friendly insulation with wood shavings, cotton, small pieces of broken stones and rocks, newspapers, cellulose insulation can reduce noise and greenhouse gas emissions. Natural insulators have low embodied energy and are fully disposable/recyclable at end of life.
Due to the growing demand for green real estate, many companies have started promoting their properties as eco-friendly homes. Buyers are more interested in installing energy efficient products and systems in properties. Many financial institutions and private sector companies invest huge amounts of money in green real estate by predicting its future demand. According to government policies, investors who invest in this sector pay less tax than investors in the commercial sector. The construction of green buildings has become increasingly popular, and the construction of such buildings has been a great long-term challenge. A green building creates new avenues in the sector and increases talent among architects, environmentalists and suppliers.