Construction and real estate professionals often misjudge the costs and benefits of “green” buildings, creating a major barrier to more energy efficiency in the building sector. Respondents estimated costs at 17% higher than conventional construction — more than 3 times the actual rate of about 5% higher.
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1 comment
February 26, 2008 at 4:39 pm
Land For Sale In Blue Ridge
Green construction does cost more but the benefits far out weight the energy savings cost.
Realtors and lenders do need to be aware it is a “green” construction home and will effect amount of approved amount. As with anything new there will be a learning curve.