IA 3.0 hours Building Green - Course Syllabus
3.0 Elective Hours
The growing popularity of green homes coupled with the need to conserve the planet's diminishing resources make green homes an attractive investment for increasing numbers of people. Factors that increase the value of both traditional and green homes include location, size and design, condition and age, and lot size.
Homes located in areas with an abundance of convenient resources like Smart Growth communities are appealing because home buyers are becoming more interested in living, working, and playing in their residential communities.
Demand for smaller homes is increasing because they require less time and money to maintain. Moderately-sized lots with open spaces, trees, and vegetation can also increase the value of a home. Newer homes that are well-maintained, thus requiring less upgrades and renovations, are also in higher demand.
Unlike traditional homes, green homes and homes with green features have special characteristics that make them appealing such as lower maintenance and utility costs. In fact, the U.S. Green Building Council's LEED-certified homes could yield a 30 to 60% reduction in energy costs, depending on the level of certification.
Green homes also increase comfort and improve health. They are constructed of non-toxic materials and have cleaner ventilation, which improves indoor air quality. Because they are designed to minimize impact on the environment through their life-cycles, green homes have great social appeal.
This course provides the real estate licensee with a better understanding of the concepts of green homes and their resale value. With green homes gaining in popularity, this course is a must have for the real estate professional.