With the worldwide goal of reducing emissions by 2050, many of us are more aware and passionate about making our lives greener. One of the most significant changes we can make is how we construct our homes, as buildings contribute to 39% of the global greenhouse emissions. Below are some tips on how to build a green home without blowing the budget!
There have been significant advancements in energy-efficient building design over the past few years. You should have no problem finding plans for a simple and smart green home.
- First, find a building contractor with the expertise to meet your building needs.
- Remember that you don’t need to compromise on aesthetics in order to cut costs.
Something that does not need to cost anything is how you plan to position your home on the landscape to maximize sunlight exposure, for a solar panel system, for example.
Realistically, building a green home is not the cheapest option, but with government incentives and tax breaks that fund environmentally friendly construction, it is a lot more realistic.
Initiatives and incentives could significantly reduce the cost of your building work or renovations.
For example, in the UK as part of a £1.5 Green Homes Grant, homeowners can apply for vouchers to pay for environmentally friendly improvements. These types of green initiatives and incentives can be found worldwide, so do your homework.
If you dream of buying or constructing a green home, but it seems out of reach, be sure to check out what schemes are available to you.
For example, with an online mortgage adviser like Trussle, you can apply for lending and savings schemes aimed at first-time buyers who find it hard to save a deposit, providing a mortgage in principle showing you what you can afford. Explore all the different options available where you live to find one that is right for you and will help you get a step closer to your green home.
Looking to build a green home for less? Materials and fixtures could make or break your budget.
With the shortage of building materials looking like it will continue into 2022, how and where you source your materials is vital to a sustainable project, as outlined by Innovative Building Materials.
Try to find locally-produced goods and materials where possible. Not only is it good for the environment but better for your local economy.
Sourcing sustainable materials might mean more homework and time sourcing, but it will be well worth the effort.
Try to use materials that are recycled or natural. There are ingenious materials solutions from earth-packed tires to upcycled plastics.
Another important decision is the choice of insulation to use. Effective insulation reduces the amount of heating and cooling your home will need, significantly impacting the carbon footprint of your home but also meaning lower monthly utility bills.
In the long run, a huge money saver comes from using energy-efficient fixtures. The choice of energy-efficient windows is essential. According to the US Department of Energy, using energy-efficient windows can save an average of 12% on utility costs.
There is much debate about whether or not solar panels are actually cost-effective.
The initial installation of a solar panel system can cost around $20,000 but can give you significant savings in the long run on utility bills. Be sure to see what incentives are available for installing a solar system.
With an effective system, you can power your entire home and have the potential to sell back electricity to the grid. Planning is key to choosing the most cost-effective solar panels. You can use online calculators that give you an estimate of how much it will cost to install solar panels for your home.
There are now many renewable technologies and options, from stoves, solar thermal panels, rainwater harvesting systems, and boilers that generate electricity.
What do you think? Will you build a green home in the near future?
My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.