The investors will
choose the real estate property to flip, sell, or buy, depending on various
factors. Perhaps the most crucial factor would be the viability of the
property. Nonetheless, there are still myriads of reasons and factors that can
affect the investors' decisions. Nowadays, sustainability is another factor
that affects it. The green economy
stands out due to multiple reasons. The power coming from these sources is the
most feasible choice to maintain and create a sustainable future. We will enumerate
some of the possible reasons why investors choose green buildings.
Top Reasons Why Investors Choose Green
Buildings
Suppose the
investor can own multiple green buildings. In that case, regardless of whether
it's a residential or a commercial real estate property, they can guarantee
that they will have an easier way to generate a stable income.
Improve the Building's Efficiency
Most homeowners
are looking for ways to save cash for their utility bills. This is especially
true when the homeowners have ample space that they need to keep comfortable
and warm. Whether they use geothermal, solar, propane, or electric, they will
not achieve their goal if the building is not designed optimally for these
types of energy. The hot and cold air will escape, so they will have to run
their system constantly, increasing the wearing and tearing in the process. If
you choose to use thermal energy, you will be able to generate the power you
need and improve the efficiency of the green
buildings.
Improves the Market Value of the
Property
The impact of thermal energy on the property's market value is one of the things that the investor
should consider. If this is the right option for you, you probably wonder how
much it can increase your property's value. The answer will depend on various
factors, but the study shows that it can considerably increase the selling
price of the property. There are also different added values when you decide to
take advantage of the green economy.
The tenant of your building will reduce their electricity bill, making your
place a more desirable property to rent.
Avoid Distribution and Transmission
Loss
By generating
energy on the real estate site, you will be able to reduce the amount of
distribution and transmission loss. It will not be possible with the standard
source of electricity since they are designed to travel on electric wires. According
to the study, the average loss will vary at 5.82%-7.38%. The loss will be even
superior when the temperature is higher, and the grid has been damaged. When
you want to avoid distribution loss, thermal energy storage will help you
reduce the amount of fuels you should use. Choosing green buildings will also help you avoid the additional expenses of
the T&D infrastructure.
With the
reliability, efficiency, environmental impact, and other economic benefits you
can enjoy with thermal energy assets, green
buildings would definitely be the best choice for real estate investors.
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