It’s no secret that buildings require a significant amount of energy, account for a lot of resource consumption, and result in greenhouse gas emissions, which is why environmentally friendly building, or green building, has become so desirable now.
What may not be as clear are the variety of benefits that green building can lead to, in addition to the obvious advantages. So, read on to learn more about why green building is so important now as well as some of the benefits you may not know about.
The Cost Benefits
Again, most of the environmental effects of green building, such as reduced pollution, improved indoor air quality, and energy-saving appliances which lower carbon emissions, are somewhat obvious, although there may even be some in that area which you’re not aware of. However, some of the cost-effective benefits may not be so evident.
For instance, green buildings generally lower daily maintenance and operation costs significantly, whether built up to LEED standards from the start or retrofitted to meet them. And green building also tends to lead to a rapid return on investment. Why?
Mainly because of the inherent reduced maintenance and energy costs, investors commonly expect green building projects to pay for themselves not long after completion. Additionally, an investment in green building will help to increase the property’s value over time.
The point is, while at one time many avoided “going green” because of the perceived high costs, the truth is that the opportunities green building presents to cut back costs, get a quick ROI, and increase property value are some of its most rewarding benefits.
To learn more about how green building can reduce overall operating costs, as well as its role in climate change, check out this post from Environmental Leader, The No. 1 Green Building Benefit: Lower Operating Costs.
The Efficiency Benefits
Green buildings are all about efficiently using natural resources, and that focus on efficiency has resulted in some other highly impactful benefits.
For example, green buildings commonly feature systems, appliances, and landscapes that require less water, and this attention to water efficiency drastically reduces water usage and cuts back operating costs, and can help reduce greenhouse gas emissions as well.
Green buildings also use far less resources and raw materials, and more environmentally-responsible products, than standard building projects. They minimize waste too, diverting it from landfills, and the list of benefits that the focus on efficiency in green building leads to can go on and on.
The bottom line is, although this concentrated focus on efficiency has some fairly obvious environmental benefits—which were the driving force behind that focus in the first place— that efficiency has, in turn, led to some very valuable additional advantages. Think of them as icing on the cake.
The list goes on…
As you can see, while the main purpose of green building is to benefit the environment, it provides so many added benefits, some of which are somewhat surprising, and to learn about one such benefit, check out this post from Fast Company, An Unexpected Benefit Of Green Buildings? More Conscientious Kids.
The good news is that more property developers and managers and choosing to “go green” than ever before, and at Capodagli Property Company, we pride ourselves on our focus on going, and growing, green. Every one of our buildings are constructed to LEED standards, the international standard of excellence in green building, and Energy Star ratings.
We believe that the effects of green building extend so much further than the building(s) themselves or surrounding environments, and that the benefits it can have on the local communities and on society overall are the most important of them all.
About Us: Capodagli Property Company is a full-service real estate development, construction, and property management firm specializing in transformational multifamily and mixed-use real estate projects.