It’s official – sustainable real estate development isn’t just a passing fad. In fact, many are speculating that if you want to stay at the forefront of realty, you’ll have to adopt sustainable practices, as well! Here is our quick list of things to consider if you want to ensure that your real estate development company stays relevant, profitable, and in full operation.
Benefits of Greenhabbing
There are tons of benefits to using sustainable real estate development. Just a few include a reduction in carbon footprint, nice tax incentives, and a higher return on investment. That doesn’t even touch on the great advertising that can be done, the word of mouth reviews that will come, and the reach you will gain.
Undertaking sustainable practices also helps to keep you and your company relevant. The future is coming, and it’s headed in a sustainable direction. As sustainability continues to be incentivized, the industry will continue to go that way. This means if you keep with more “traditional” industry standards, you may soon find yourself losing out on jobs and closing your doors for good.
Not only are there tax incentives to using sustainable practices, you can also see increased rent on green homes, as well as an up to a 30% increase in sale prices when selling off a green home. Of course, this will depend on where you’re operating. But most states see at least a 10% increase in overall sell price.
A Growing Demand
With growing energy prices, the demand for green and energy efficient homes has grown. You can help to fulfill a growing demand. And the best part is that many people just aren’t willing or able to make the change to sustainable real estate development. That means that if you’re creating green homes, buyers will flock to you. Don’t wait for the industry to make the demand – you make the demand for yourself.
This is a huge untapped market with willing, hungry buyers. All you have to do is make the change and watch the cash flow in. Don’t miss your chance to be at the forefront of this growing movement. Establish your name as a green real estate developer now and watch as you quickly become a go-to authority.