Building A Green House – The Future Prospects

Building a Green house is challenging and may well burn a hole in your pocket. A green house typically costs 0.5 % to 6.5% higher than a standard dwelling. Practically speaking, it might does not make sense investing more in a green house. Such a view is misleading, as most people do not take into account the likely potential of building a Green house. Governments across the world are progressively becoming more and more sensitive to environmental issues. The Green Movement is slowly but surely transforming from informal pressure groups into positive governmental action by inclusion of legislations in many parts of the world. In the United States, many states have commenced offering tax benefits for those who build green.

Building a Green house is fast gaining acceptance with the market value is gradually appreciating. A contributory factor has been the rising oil prices which are shortly predicted to reach $150 and then $200 resulting in an exponential rise in operating costs worldwide. Companies operating Naptha fired electricity plants will hike up their rates to unbearable limits. The air conditioning bills which till now seemed within limits would cross far over to the danger mark. The knock on effect on every segment of the construction business will only increase the costs. With such a scenario of the future, building a green house would seem to be a wise decision. The reasons are very clear for all to witness. According to a Lawrence Berkeley National Laboratory study, building a green house right from the design stage can save as much as 40 percent of a buildings utility bills for heating, cooling, and ventilation. An assessment such as this makes building a green house a lot more appealing. It can also be extrapolated that the additional green features will add substantially to the value of the real estate. The amount of land available for construction is getting increasingly dear, forcing developers to squeeze in more features in the available plots. Standard green features such as shared pools, a general rainwater harvesting plant, and common gardens are a de rigueur now a days.

A day will dawn when customers and homebuyers will insist on buying a house with all green features incorporated. This may be forced upon the customers to avoid being penalized by stricter government environmental laws. At present the effect of Euro IV on the automobile industry is a clear example. The same analogy may well become a reality 20 years from now for building houses. Therefore, building a Green House is a safe and a wise proposition.

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