Real estate development is necessary for providing new homes for families across America. As the population continues to grow, and old, defunct homes are demolished, there is a consistent need for new housing and construction projects. At the same time, the moral pressure for sustainable construction has never been more acutely felt by those in the industry.
In Scottsdale, Arizona we are seeing how the luxury market is paying particular attention to developing modern and green homes. While making green homes is more expensive at first, it saves the homeowner money in the long term – making green an even more attractive investment for the luxury segment of the market. In Scottsdale, where the temperature is high, green homes can achieve impressive efficiency gains.
A couple decades ago, green benefits from real estate development might have seemed infeasible. But today, modern construction techniques and sympathetic building design are helping to ensure the next generation of homes will be as environmentally helpful as they can be. At first, this trend is being seen most in luxury developments, but should spread across a wider variety of market segments over time.
Real estate development is generally prosperous for the areas in which it is taking place, as we’re seeing in Scottsdale. People need to find somewhere to live, and every home has its price – whether in the rental or sale markets. This makes real estate development a popular choice for investors and those with their own money to invest, particularly given the large transaction sizes involved.
Homes and office blocks are among the most significant contributors to CO2 emissions in the US. The almost constant need to heat or cool spaces means that there is a consistent demand and consumption of energy. Yet most of this energy is generated from fossil fuels, the antithesis of renewable energy sources. Instead, modern real estate development is looking to improve the energy efficiency of homes, starting with more effective insulation.
While the solution is so simple, insulation can have a significant effect on the warmth of your home in winter (and its coolness in the hot summer months). This is a win for both the environment and your wallet.
The construction materials too can be environmentally friendly. Sustainable timber from managed plantations is a start, as are chemicals and epoxies that are sensitive to the needs of wildlife and the wider environment. Environmentally friendly materials and processes, like those used by Silverleaf Homes, can help ensure the project is as light on the environment as possible. All these factors combine to make modern real estate development much less obnoxious from an environmental perspective.
Sensitive real estate development projects can be a boon for local economies, and modern construction minimizes the environmental impact of each marginal build. While the two may not seem naturally compatible, green architecture is becoming increasingly mainstream.
There is no doubt that real estate developments can be managed successfully in an environmentally-friendly way – the green developments of Scottsdale, Arizona speak to that. More energy efficient homes are cheaper to heat and leave less of a carbon footprint, and much of this benefit can be seen from simply increasing the level and effectiveness of insulation. New homes can even be fitted with solar panels to generate their own energy, or even to sell back excess clean energy to the US national grid.