Tuesday, July 29, 2008

Lake Norman Real Estate: Interesting Facts on Green Building

Interesting Facts on Green Building

As an avid reader of Builder magazine, I came across an interesting article called "To go Green, or not to go Green." I just wanted to share some information from the article.

Green building is projected to grow as a share in the overall residential construction market from just 2% in 2005 to between 12% and 20% in 2012. In current US dollars, that's from $7B to $40B-$70B by 2012.

Here is an average one builder has made on the Cost of going green.

Green Items Additional Cost
Inspections/Modeling $3,000 - $5,000
2 by 6 exterior wall $4,000 - $6,000
Housewrap $2,000 - $4,000
Asphalt paper over housewrap $1,000 - $2,000
High-Quality Windows $8,000 - $10,000
Blown Insulation $3,000 - $40,000
Tight Duct Systems $1,000 - $2,000
Upgrade furnace or boilers $2,000 - $5,000
Upgrade a/c units $2,000 - $5,000

So you can see that building green can cost quite a bit extra money up front, but can also help you save in the long term. If you are planning on staying in a home for a long time, building green may be the way to go!

See also:

Lake Norman Green Building 2
Learn all about windows and effeciency
What does it mean to be green?

Jeremy Adair
NC Licensed GC
NC Licensed Broker
Phone: 704.315.8106
Fax: 704.892.9766

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