Benefits of Green Building - Custom Homes: Savings, Value, Well-Being / Ehrhard Construction Group
Custom homes don’t merely have an outsized impact on our personal lives, they are also a critical piece of the broader building industry. The National Association of Home Builders reports that as of the first quarter of 2014, housing contributed $2.47 trillion to
gross domestic product.
“Since 2005, the green share of new single family residential construction has grown dramatically— increasing from 2% in 2005 to 23% in 2013. This 23% market share equates to a $36 billion market opportunity.”
Savings: Reducing Energy & Water Consumption
The typical household spends about $2,150 a year on residential energy bills.
LEED-certified / Green homes are:
Built to be energy-efficient, ensuring that the custom home can be comfortably heated and cooled with minimal energy usage;
Individually tested to minimize envelope and ductwork leakage;
Designed to minimize indoor and outdoor water usage;
Predicted to use an estimated 30 to 60% less energy than a comparable customhome built to International Energy Conservation Code.
Based on the average HERS ratings for each level of LEED certification, these custom
homes could potentially see energy reductions of:
Up to 30% (for LEED Certified homes)
Approximately 30% (for LEED Silver homes)
Approximately 48% (for LEED Gold homes)
50-60% (for LEED Platinum homes)
LEED for Homes projects must meet ENERGY STAR for custom homes, which can cut energy bills by 20%, saving between $200 to $400 annually, adding up to potentially thousands of dollars saved over the seven or eight years that the typical homeowner lives in a home. Some homes see savings of up to 60%, and energy efficiency in apartments could save $3.4 billion..
Value: Green Homes are Dream Homes
Researchers found that between 2007 – early 2012, the value of custom homes in California with a green certification label was an average of 9% higher than comparable, non-certified homes.
Consumers ranked green/energy efficiency as their top requirement for their dream
60% said that green and energy efficient are amenities they want in their next home
A 2008 study conducted by McGraw-Hill Construction and USGBC found that the mean price of green custom homes purchased by survey respondents was $296,000; the median was $239,000
Green homes can be built for the same cost as — and even less than — conventional
Sometimes there are upfront costs which on average are 2.4% and can be quickly recouped with the homeowners saving money for the rest of the home's lifespan
Green custom homes have a higher resale value and are on the market for less time than comparable conventional custom homes. The Earth Advantage Study in 2011 found that, on average, green-certified new custom homes sold for 8% more than non-certified green custom homes. Resales of existing green custom homes sold for an average of 30% more than conventional custom homes
LEED-certified custom homes require proper ventilation, high efficiency air filters and measures to reduce mold and mildew.
Each LEED custom home undergoes onsite inspections, detailed documentation review, and as-built performance testing.
Green Custom Home Market
It is estimated that by 2016 the green single-family housing market will represent 26%-33% of the market.
Environmental Impact of the Residential Market
Households use about one-fifth of the total energy consumed in the U.S. each year; the residential sector is responsible for 21% of the nation's carbon dioxide emissions
Since 1985, residential energy consumption, measured as total energy (i.e., including electricity losses), increased overall by about 34%
It's expected that by 2016, 90% of all residential custom home construction will have energy efficient features
To date, more than 1 million ENERGY STAR-qualified homes constructed save consumers an estimated $200 million annually in utility bills
Total U.S. residential energy consumption is projected to increase 17 % from 1995 - 2015
Total residential water use: 29.40 billion gallons per day or 7.1% of U.S. total water use
Total estimated construction and demolition (C&D) generation amount for residential construction in 2003: 10 million tons. Average residential C&D debris generation rate in 2003: 4.39 pounds per square foot
Ehrhard Construction Group is a builder who believes in the importance of reducing your carbon footprint while also delivering you a far more efficient custom home.
The SMART way to live.
CERTIFIED GREEN BUILDER
We keep up with the latest science in the industry. Ehrhard Construction Group serves Central Florida with building the most efficient green homes on the market.