As a homeowner, adding green features to your home can quickly increase your home’s comfort and levels of health, while saving you money. However, for real estate investors, there are also many benefits for adding green features to your properties. Green real estate investments are quickly becoming popular due to their high profit ratings and are attractive to future renters and buyers.
Tenants or potential buyers of homes and commercial properties will save on their energy bills, so owners can justify increases in rent or the listing price. Tenants who prefer energy-efficient homes and commercial spaces are likely to be more conscientious, so these folks may be better tenants – paying rent on time and taking better care of your property!
Many green improvements also require less maintenance. Repairs and replacements that can be done less often will quickly lead to savings for the property owner. Also, green homes and commercial properties create healthier environments, which sets green properties apart from others in the market. The ability to market your property as healthy can result in quicker sales and rentals, which is a goal of investors.
So, help yourself while doing some good for the environment – Green up your investment real estate!