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Going Green : Nationwide Real Estate Advice

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Activity 197
Mon Dec 12, 2011
David Chiles answered:
Great question. Many people want the exact answer to your question as well. A good price for an eco-friendly home is a straight forward question, but I don't see a straightforward answer. Ten to thirty percent above market value, but market value is falling.

Green Real Estate to the average person is energy efficiency, solar panels, appliances, insulation, and windows among other things. These are the things that will add value to your house and help it sell. There have been studies that show solar panels are a good investment based on the utility savings and resale value of the house.

LEED for homes standards by the United States Green Building Council are used to rank and certify Green Homes. I have a blog post dedicated to their standards and a page on my website.
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Mon Dec 12, 2011
Ron Thomas answered:
Tenting your house to get rid of termites, is by definition NOT GREEN!
We should let the little buggers live a long life.

The guys who do the tenting have been perfecting the skill for 40 years. I trust them.
And for $2,000 to $5,000 you don't want to do it twice!
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0 votes 8 answers Share Flag
Mon Dec 12, 2011
David Chiles answered:
Green Homes are selling. There have been recent studies in Oregon and other markets that show Certified Green Homes sell faster and for more money. In today's market, owning a home that can sell fast is a great asset. It puts you in a different category than your neighbors. ... more
0 votes 13 answers Share Flag
Mon Dec 12, 2011
Shawn Ryan Rosa answered:
Thu Dec 8, 2011
Shawn Ryan Rosa answered:
check into federal governemt rebate programs for making energy efficient renovations/upgrades. new windows fall into this category. last year I was rebated $1500 for installing energy efficient windows and a new HVAC ... more
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Thu Dec 8, 2011
Shawn Ryan Rosa answered:
a home that minimizes degradation of the environment.

features to look for: high efficiency appliances and windows, use of cutting edge technology like tankless hotwater heaters, low flow toilets, etc. ... more
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Thu Dec 8, 2011
Shawn Ryan Rosa answered:
A huge proportion of buyers still do not require green technology in a prospective home, but at a minimum most want efficient windows and appliances
0 votes 12 answers Share Flag
Tue Nov 29, 2011
John Arendsen answered:
I was in the solar biz in the 70's when the FED stepped up for 50%, the state for 25% and your local utility co's for the rest. Even with 100% it's still hard to justify in the long haul. After a few years parts and panels need replacement, state-of-the-art improves technology, hot water gets replaced with fotovoltac, macro replaces micro, etc. I say don't bite into any of that stuff right now. Especailly with the Solyndra debacle. ... more
0 votes 10 answers Share Flag
Mon Nov 14, 2011
David Chiles answered:
It depends on the features and appliances. Please visit my site and watch the video about a home built green for the answers to your question.
0 votes 7 answers Share Flag
Mon Jun 6, 2011
Gerard Carney answered:
Send me an email and I'll find you the perfect place, please make sure to put everything you are looking for in the description of the mini farm! I'm sure we can find it for you, ... more
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Wed May 25, 2011
Scott Hulen answered:
Also in response to Benjamin’s post the thing about “green building” is not clearly defined. He mentions LEEDS which is a green building program but usually reserved for office buildings. The home builders of America have an actual green building program with different levels of “ green “ labeled as gold, silver & bronze homes which deal with the entire building process, items such as % of land disturbance. The federal government sponsors an Energy Star program for new construction which the main focus is insulation, with other areas such as hvac equipment, windows and doors, 3rd party verification of efficiency. Federal Rebates and tax credits are currently targeted at energy star homes therefore most home builders work the energy star program. The energy star program has a cost of less than 5% of the build, with a rapid payback to Joe homeowner (usually less than 36 months for our clients) great ROI. THE SINGLE BIGGEST THING A HOMEOWNER CAN DO FOR GREEN BUILDING AND GREAT ROI IS UPGRADE THE INSULATION FOR THE ENTIRE HOME. We don’t insulate our water pipes we are in 2011, we use tankless hot water heaters. ... more
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Fri May 20, 2011
answered:
If you want a metal roof, put on a metal roof. You can then enjoy it. Unfortunately, you will be unlikely to recover the cost when you go to sell.
0 votes 9 answers Share Flag
Tue May 3, 2011
Mario Rea, VA, FHA answered:
Dude123,

Homepath Renovation mortgages allow the lesser of $35,000 or 35% of the improved value of the home (improved value=purchase price + renovation cost). Regarding your question about solar power, I am currently financing a loan where the buyer is using solar power and a wood burning system as fuel for his home.

You can finance those types of renovations, but keep in mind, the home needs to appraise high enough to cover the renovation.

Mario Rea
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Sat Apr 23, 2011
Melinda Doane answered:
Yes, Hamilton and Wenham have recently begun the process to become designated as Green Communities through the state wide Green Communities Grant Program. For additional information, click the following link: http://hwgreen.pbworks.com/w/page/23866319/Green-Communities
I am a "green" realtor having earned the designation from the National Association of Realtors and I work with team of green professionals including architects, landscape designers and interior designers in the Hamilton area. Please feel free to contact me with any additional questions and happy to assist you with any of your real estate needs.
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Thu Mar 24, 2011
John Arendsen answered:
You should speak to Janis at On The Level, 760 415-1982. www.onthelevelcontractors.com. She's been dealing with FHA lenders Nationwide for several years and could give you some names and references. We are a RE broker, general contractor and investor and specialize in foreclosure, short sale rehab projects throughout San Diego County. We do buy and sell or buy and hold to rent/lease. We pay cash of homes and Manufactured Homes. If you ever need anyone to work with feel free to contact us. ... more
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Fri Mar 4, 2011
Boris Russanov answered:
Hello Sandra,

there are about 80 houses around 750 sq ft or less in Hollywood.

What is other criteria? What is your price range?


Best Regards,
Boris Russanov
Realtor, FORTUNE International Realty
Cell 954 643 1050
Phone 954 727 9347 Ext 258
Fax 954 727 9348
www.BorisRussanov.com
BorisRussanov@gmail.com
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Fri Feb 25, 2011
Alma Kee answered:
Hi Brenda,

What address or MLS id are you referring to? The link doesn't appear.

All the best,
Alma
0 votes 1 answer Share Flag
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