This post was originally published on June 29, 2008.
With many cities experiencing a real estate “slump”, homeowners around the country are looking for ways to stand out from the slew of homes on the market, while improving their home’s resale value. Other homeowners are planning for the future: a future of ever-rising energy prices.
Regardless of your situation, you may be asking yourself if green home improvements increase the home’s value. The answer isn’t as straight-forward as some might hope.
The old rules still apply…
Before we dive in, there are a few things to consider when thinking about making home improvements – green or not. First, remember the three rules of real estate: location, location, location. The return on your investment will depend on the value of your house and others in the neighborhood, as well as your local housing market. Other factors like the quality of the workmanship, and how soon you move after making the improvements weigh in as well.
By Joel Bittle •
June 26, 2008
A few weeks ago I offered my thoughts on green kitchens on a budget. Today, I want to focus on making your new kitchen as green as possible, without regard for cost. Remember, often the greenest options is to keep your current kitchen; many choose to repaint their cabinets with non-VOC paint or to tackle DIY cabinet projects. This article is for those building a whole new kitchen or are remodeling from the ground up. It’s up to you to determine the balance between what is the most green and what is the most practical for your project.
The three categories that determine a product’s green-ness are health, sustainability, and energy. Health takes into account the product’s offgassing of VOCs, or volatile organic compounds, especially urea-formaldehyde. In order to even consider something as green, it must contain very low to no VOCs. Sustainability looks at the life cycle of the materials used not just in the final product but in the manufacturing process as well. Products that are made from recycled materials or renewable resources fall into this category, as well as products whose manufacturing process embraces sustainability. Energy includes the water and energy usage of products such as plumbing fixtures and appliances, as well as the product’s embodied energy, which takes into account the energy used to produce and deliver the product.
This post was originally published on June 29, 2008.
