A survey of 150 homebuyers by the National Association of Home Builders (NAHB) revealed they have remained consistent in their preferences for green features in their homes and their communities from 2007 to 2015.
Similar to results from previous years, of those surveyed 90 percent said ENERGY STAR were important, while 87 percent saying the same about the windows. Also considered highly desirable was whole home ENERGY STAR rating with insulation above code requirements, reports constructiondive.
Half of the homebuyers were willing to invest in energy efficiency in order to save $1,000.00 in utility expenses, needing a 20 percent rate of return to do so, MHProNews understands.
By contrast, since 2012 energy efficiency and environmental concerns had fallen in importance of for remodeling considerations, as 69% of builders and 78% of remodelers believed customers would pay more for green building features
More than half of the builders who responded anticipate doing over 60 percent of green projects by 2020, while for remodelers the rate was only one-third who predicted doing over 60 percent by 2020.
While residential customers may not be so Gung Ho for Green, commercial building owners are responding to workers who want a company that promotes sustainability and wellness. They realize the importance of attracting the best pool of talent possible, and the long term savings in energy costs. ##
(Image credit:construtech)
Article submitted by Matthew J Silver to Daily Business News-MHProNews.