Consumer interest in green building exploded in 2007, and it's still growing. Thanks to extensive media coverage, an increasing number of consumers are becoming familiar with sustainability and green building. Newspapers warn about climate change and soaring gas prices. Retail giants like Wal-Mart have adopted sustainable practices and opened green stores. Hollywood has jumped on the green bandwagon, incorporating green practices in its 2008 Oscars. Home and garden television shows offer a steady stream of shows promoting green living.
As the media pushes green building into the mainstream, consumers are becoming more attuned to the benefits of green homes. Homebuilders have an opportunity to meet consumer demand by adopting practices that improve the energy efficiency, durability, and indoor air quality of homes. It's important to know the variety of consumer attitudes about green building in order to respond to the changing market.
Consumer uncertainty: Is green building more hype than reality?
Some consumers are skeptics and wonder about the hype surrounding green building. They may acknowledge that green is an effective marketing strategy, but they question companies? motives for advertising a product or home as green. Many of these consumers are cautious of greenwashing, a tactic that companies use to mislead consumers into thinking their products or practices are green when they're actually not. Homebuilders must be able to prove to these consumers that they're homes are legitimately green.
Consumer profile: Who buys green homes?
People who buy green homes can't easily be lumped into one category. They buy for different reasons. A family may find a green home appealing because they want their kids to grow up in a healthy home without allergens and toxins. Empty-nesters may be attracted to the cheaper utility bills.
For a growing number of consumers, green building is not a hard sell. These consumers have done their research; they're concerned about reducing their ecological footprint or impact on the environment. They understand that energy-efficient homes can alleviate global warming and soaring gas prices even more than hybrid cars can. In some cases, they're more knowledgeable than the homebuilder and can shop around for green features. Many others recognize the benefits of a green home, but their understanding is more basic.
Consumer values: What are the benefits of green building?
The key to selling green homes is to understand the values that consumers hold and what motivates them to buy green products. In other words, the best way to market green building is to educate homebuyers on its benefits. Realize that sustainability and environmental benefits won't resonate with everyone. However, if you frame the benefits of green homes in terms of indoor air quality, comfort, and economy, you're more likely to convince buyers that green homes have a direct impact on their health, happiness, and quality of life. Avoid using the vocabulary of the builder??energy recovery ventilators? means little to most buyers, but lower utility bills and fresher indoor air make a whole lot of sense. The more relevant you make green building to consumers, the more they'll recognize its value.
Leed Green Building Certification
Make no mistake: the green building market is not only here to stay, but it's also the wave of the future. In just the next five years, the market for buildings that incorporate alternative energy and conservation techniques will increase some $10-20 billion dollars. Yet the green building market only constituted about two percent of new construction in 2004. By 2010, that figure is expected to jump to 5-10 percent, which still represents only a tiny fraction of the immense potential of the green building market.
A recent survey showed that more than 70 percent of the architects, engineers, contractors and building owners interviewed expect a significant increase in their income from green building. Of those surveyed, some 60 percent of those industry professionals are now regularly including green techniques in their new construction projects.
Although they cost a bit more to construct, once the buildings are completed, they can save their occupants 8-9 percent in operating costs vs. conventional buildings, which can add up to significant savings over time. Recognizing the trend, builders, architects, and manufacturers are rushing to get in on the boom, which will ultimately bring down prices for consumers.
This is no longer just a few environmentally-minded homeowners placing solar collectors on their roofs to heat water. The boom is being driven by giant corporations like Ford, GM, and Adobe, companies that have incorporated green techniques into their buildings to improve their overall bottom line through increased energy savings. That trend proves that green buildings are no longer just a fad, and are definitely here to stay, because if companies can realize a quick return on their investment, they're also quick to jump on the green building bandwagon.
Green building isn't just the wave of the future. Green building is also the hottest new thing in current construction. There's an organization called the U.S. Green Building Council that actively promotes the usage of green building techniques. If you or your company are interested in incorporating green features in your next building project, you'll find lots of information at www.usgbc.org.
It all adds up to a win-win situation for everyone concerned. The building industry gets increased business, occupants save significant amounts of money, and the environment is impacted less and less. And the trend should only gain momentum as new technology makes green buildings even more efficient and less expensive.
Both Courtney Patterson & Jeanette Joy Fisher are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Courtney Patterson has sinced written about articles on various topics from Real Estate. BuildIQ provides homebuilders with online information, tools, and training to help them improve the quality of their homes. On BuildIQ's Jobsite website, builders have access to a repository of green building articles, which include topics such as. Courtney Patterson's top article generates over 40500 views. to your Favourites.
Jeanette Joy Fisher has sinced written about articles on various topics from Real Estate, Network Marketing and Real Estate. Jeanette Fisher has researched the effects of environment on emotions for over 15 years. She teaches interior design college courses and seminars. Free interior design reports:. Jeanette Joy Fisher's top article generates over 135000 views. to your Favourites.
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