There are many factors that have a big role to play when it comes to the valuation of a property. It could be the location of the property, the size, age, availability of infrastructure, availability of various facilities and amenities just name of few. Of late, there is a growing awareness regarding the need for homes being environment friendly. The increase in pollution is caused by various factors including homes that are built without any consideration or respect for the environment in which we live. We as responsible citizens have an important role to play in ensuring that we handover our planet to our children in the same manner as we had borrowed it from our parents.
Today environment friendly homes are no longer a luxury but a necessity. We have to be careful about the kind of raw materials that we are making use of when constructing homes. We have to try and avoid raw materials that would cause destruction of forest and eventually lead to the destruction and damage to the environment. A typical example is the furniture, doors and windows that we use in our homes. For every door or window we make we mayhave to cut down one full grown tree. This is very dangerous and should be discouraged at all points in time. Instead we should try to go in for environment friendly raw materials which will avoid using precious natural raw materials. We have to wear in mind that modern day valuers pay a lot of attention to the environment friendly nature of our homes. The more we care for our environment in our homes, the higher will be the value of the home. So there is lot of commercial sense in going in for homes that are closure to the nature.
Apart from raw materials that we use in homes we can also contribute positively to the environment by going in for energy friendly electrical and electronic appliances. For example instead of going in for conventional electric bulbs and tube lights, we can instead choose LED lights which are very energy efficient. We can also have auto stop facilities for taps and faucets, which can go a long way in helping conservation of precious drinking or potable water.
Whenever we buy a property we have three main objectives in mind. The first big objective is to look at the property as an investment and see that it gives handsome returns over a period of time. The next important reason is to save on rental expenses by moving to our own home or apartment. The third and most attractive proposition is to make passive income out of the property by giving it on rent. Whatever be the option that is being chosen by us, at the end of the day we have to find out ways and means to increase its value continuously. However, this has to be thought about when buying the property. For example, today, many customers are paying lot of attention to the environment friendly nature of properties. Therefore this has to be kept in mind because it will certainly impact the value of the property going forward.
It would be pertinent to point out here that many modern day valuers are paying a lot of attention and importance to the environment friendly nature of the properties. For example, they are specifically concerned about the kind of fixtures and fittings that are being used in home. The lighting and other electrical gadgets should be eco-friendly and contribute to saving of electricity and power. If this happens valuers would certainly add more marks to such properties which would get reflected in the valuation of the same. There have been many instances where the value of properties have gone by quite a few thousand dollars just because some bit of attention and care has been paid in this area.
Unlike the common perception, it would be pertinent to mention here that going in for eco friendly devices in homes is not a costly proposition. On the contrary it might work out much cheaper both from the revenue and capital perspectives. But the onus is on the customers to spend some time and effort and gather enough knowledge on the subject matter. It is something that has to come from within because not much can be done by the authorities beyond a certain point. At the end of the day, as responsible users of the earth, we have a duty to hand it over in good condition to our children and grandchildren.
There are many points that need to be taken into consideration when one is valuing a real estate property. On the one side is the location of the property, the size, the type of construction and on the other side the look and feel of the same and also the age of the property. Today, a new attribute is also getting added to the overall value of a property and it is the environment friendly nature of the property.
Today’s customers are becoming very environment conscious and they are not restricting it to the outdoors alone. In fact if one looks at the biggest generation of polluters then there is hardly any doubt that it is from our homes. Whether it is the refrigerators or air conditioning systems that we use or the kind of lighting arrangements that we put in place, almost each one of them has a big role to play in how environment friendly our homes are. Even valuers and appraisers are today paying a lot of attention to this area. The better your home is in terms of environment friendly appliances and constructions the higher its value will be.
There are many ways and means by which you can make your home environment friendly. Simple things like going in for eco friendly lights and appliances in the home is perhaps the best way to start your journey of making your home eco friendly. You could replace costs fluorescent lights with more eco friendly LED lights. They not only are quite bright and good to look at, they consume much lesser electricity. They also do not emit very hot and harmful lights that could damage the environment over a period of time.
There is also the need to look at ways and means by which one can make the surroundings also eco friendly. Efficient and environment friendly methods of garbage collection and disposal are areas where lot of attention and importance has to be paid. Further if you own your own individual home, then it is very important for you to keep in mind the importance of keeping your garden in good shape and condition. All these do not cost much money but certainly they go a long way in increasing the overall value of your and make them eco friendly.
The single biggest reason why we are showing lot of interest to go in for environment friendly homes is because we simply do not have a choice. Given the kind of pollution that we are responsible for, unless we start making a beginning in our homes nothing much will change on the ground. Hence, today thousands of home builders are beginning to understand the importance of environment friendly homes because of the obvious benefits that they bring to the environment at large. They go a long way in making the home a more comfortable place to live in.
Further over the past few years valuers have also started paying attention to this fact. It would not be out of place to mention here that many valuers are ready to increase the value of the properties by quite a few thousand dollars if they have the basic environment friendly practices in place. Unlike the common perception that such environment friendly approaches cost lot of money, the fact of the matter is that they are very affordable if they are put in place when the house is being built. Making changes to it at a later point in time is what could make the whole thing expensive. Here are a few important tips that could help your home to have a higher valuation report from your valuer.
First and foremost, you should make it a point to use only environment friendly construction materials to the maximum extent possible. When it comes to wardrobes, furniture and other such fixtures and fittings it is important for you to always look for solutions that are eco-friendly. Your electrical appliances and fixtures should also contribute to lower consumption of energy. You could also look for alternate sources of energy like solar or windmill energy. It will not only make your home an environment friendly place but will also go a long way in reducing energy costs over a period of time.
Global warming is without any doubt one of the biggest problems that the earth is facing today. There are a number of reasons for this and unbridled and unplanned construction activities are also one reason for this. Though it is likely that in the initial investment could be high, from the long term point of view it could be very beneficial from the environment point of view. Most real estate customers do not go ahead with these green properties because of the fact that they find the initial investments too heavy to bear. But today there are a number of banks and financial institutions that are ready to offer the same and reasonably low rates of interests.
Further if you have a home that is already constructed you could try and implement some simple and cost effective green initiatives. A beginning could be made in the garden and other surrounding areas of the garden. Having a good landscaping idea is perhaps a simple yet worthwhile solution. The next important tip that could be very useful is to choose the right electrical devices in your home. Instead of going in for conventional lighting arrangements, today there are many LED lighting systems that could be tried out.
The next important suggestion that could a long in way making a home green is to use gadgets that could help save power and water consumption. For example, one could think of going in for solar based energy which will prove very beneficial from the environment point of view. It will also go a long way in also reducing energy costs though the initial investments could be a bit high. Last but not the least, one has to keep in mind that today many valuers pay a lot of attention to the green initiatives that are being taken by home owners and this gets reflected in the overall valuation of the home.
To begin with we have to understand that customers have also started waking up to the need of environment friendly homes. Hence as a seller you should be aware of the changing mindset amongst thousands of customers. Once this fact dawns on you, you will start making homes that are environmentally friendly and not damaging to the eco system. Here are a few such tips that could be kept in mind.
Many building promoters and real estate businessmen are realizing the importance of going in for recycled materials for their construction purposes. Instead of looking for new materials, you should be on the lookout for recycled wall materials, windows, flooring material and so on. It would be wrong to assume that they will look shabby and old. Once polished, they will look as good as the new ones if not better. They will also help you to make significant savings on your material costs which is also very welcome.
When constructing homes you should look for pre-installed sources of energy which apart from being environment friendly will also go a long way in curbing energy costs. You will have to pay attention to specifics such as the lighting arrangements, the gadgets that you use in your homes, etc.
You must also bear in mind that eco friendly homes is no longer lip service. Many valuers are today paying a lot of attention to this fact and are ready to assign higher value to homes that are eco friendly and environmentally safe. For example, if you have a garden it is high time that you spruced it up and used eco friendly solutions to make it look good and attractive. The paints that you use in your homes should also be free from harmful chemicals which will certainly be a positive when you are valuing your home.
Building an eco friendly home is not very difficult provided you know where and how to go about it. You could start off with simple steps like replacing wooden doors with eco friendly doors such as plastic or glass. You could also play a big role in contributing positively to the environment by using paints and chemicals that are not damaging to the environment and which do no emit harmful CO2 substances. The flooring that you use in your homes could also be eco friendly. You should desist from using granite and other such flooring which are derived by cutting down big hills and getting granite out of them. Each granite hill that you come across takes millions of years to form. However, felling it might take only a few months or years at the most. Hence, it should be avoided at all costs.
The power and energy source that you are using in your home should also be eco friendly. You should try and make better use of solar energy, windmill energy and nuclear energy thought there are divided opinions about the last source of energy. Further you could also play a big role in contributing positively to the environment by going in for lighting and heating apparatuses that are energy efficient. There are quite a few lighting systems that consume very little energy without compromising on the quality of light that they emit. You should look for such lighting systems and apparatuses.
Lastly, you must understand the more eco friendly your home is, the better it is to get a higher valuation from valuers. Modern day valuation companies place a lot of importance to environmental safety and eco friendly nature of properties, however big or small they might be.
Hence, there is now a general awakening in the minds of the people who are buying and selling properties. It is a sort of movement that is gathering huge steam. Even real estate builders and promoters are very much aware of it and are taking steps to ensure that the factors related to environmental protection and safeguards are always kept in mind. The customers are also becoming very informed and many of them are also turning extremely environmental conscious. So, they would rather pay a few thousand dollars more for a property rather than buying something that could damage the environment.
There are many ways and means by which we can become environmentally friendly as far as our building and real estate constructions are concerned. For example, the kind of doors and windows that we use, the energy type that we consume, the electrical appliances that we use in our homes, offices and factories all have a big bearing in preventing or damaging the environment. It would also not be out of place to mention here that many property valuers are paying a lot of attention to the quality of construction from the point of view of environmental protection. Homes that are eco-friendly command a much higher value when compared to the others.
So when you are buying a home as a first time or second hand purchaser, you should always advise your valuer to keep this factor in mind. You should in the first place look for only valuers who have experience, expertise and wherewithal to value buildings and real estate properties keeping the eco-friendly nature in mind. It is something that will not only help you to choose the right property but will also help you to be sure that you are serious in discharging your role as a real estate buyer is concerned.
There are obviously quite a few advantages that one gets when they decide to opt for green properties. You are not only walking the talk as far as protecting the environment is concerned, but you could also be giving a better quality of life to those who are goingto live with you in such green properties. There are many ways and means by which you can go green as far as your properties are concerned. Starting from your living room to the way you generate electricity for your home, the list is endless. You could also use your home look beautiful, could be made from substances that are not harmful to the environment.
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There are however quite a few who feel that such green properties are expensive when compared to ordinary properties. This is however only partially true. On the other hand, if you spend some time and think out of the box, you can come out with quite a few solutions which would actually reduce the cost of your home while being green at the same time.
Now coming to the commercials of such green properties, there is no doubt that in today’s environment friendly environment, more numbers of customers are ready to pay a higher price for homes that are environment and eco-friendly. Using of powerful LED lamps in place of conventional electric tubes and fluorescent bulbs could go a long way in reducing your energy cost and also contributing your bit as far as being eco friendly is concerned.
Many real estate valuers have today started to pay a lot of attention to this aspect. In fact they are willing to go a bit deep to find out whether your stated green objective is just lip talk or are you really walking the talk.