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Nubricks Blog - Green Homes In The US Profitable Despite Downturn

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15 Oct 2007

Green Homes In The US Profitable Despite Downturn

green homes US

It may be all doom and gloom in the American housing market right now, but environmentally friendly property buyers are laughing all the way to the bank, especially if they live in California.

As prices slump and foreclosures become commonplace, solar powered houses and businesses in California and New Mexico are outselling traditionally powered houses across the board, buyers attracted to the reality of non-existent utility bills, coupled with the knowledge that they are doing their bit to help the environment. Increased consumer interest in and demand for renewable energy has led builders in ‘the Golden State’ to acknowledge that, quite simply, their profits will only go up if they give the public what it wants, in this case, renewable energy in the form of solar power.

California’s Million Solar Roofs Initiative set a goal to create 3,000 megawatts of new, solar-produced energy by 2017, powering approximately 1 million homes and businesses across the state, leading to nearly 80% of the entire U.S. solar market now based there. The National Solar Tour kicked off last week, taking the solar message around the country and the business to business trade fair ‘Solar Power Conference 2007’ in Long Beach California last week saw Dallas actor Larry Hagman and media giant Ted Turner wax lyrical on the topic. Rising oil prices, continued unrest in the Middle East and, most importantly, an international fascination with all things eco-friendly, has seen the solar power market experience an almost unprecedented surge in interest, and the addition of these kinds of renewable energy options to the new-build housing market could be a crucial selling point in a make or break market.

Recently voted one of the world's 11 coolest new products in CNN's Business 2.0 designer prefab homegreen homes uk builder LivingHomes of Santa Monica is taking prefabricated homes to a whole new level. Designed by renowned California architect Ray Kappe designed the units with high-end, environmentally conscious clientele in mind. The 3,100 sqft RK1 model has hit the market at $775,000 (not including land and extras). Light years from the trailer-park stereotype images a prefab home conjured in your mind. These factory-built green houses are assembled in just one day and much like Huf Haus the German modular housing firm featured in Channel 4's Grand Designs are increasingly being adopted by Brits and US home buyers as an alternative to traditional bricks and mortar. Sleek, modern, and eco-friendly, RK1 comes with high-efficiency LED lighting, solar panels, and an optional environmental monitoring system to keep energy use in check. Countertops, tiles, structural steel, and insulation are made from recycled materials.

With eco-friendless sitting high on the world agenda, being a green home owner it seems really does pay you dividends in today's current housing climate.
Category: USA Property

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