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. However, the vital point which most people miss is a critical analysis of the future prospects of Green buildings. 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.
The green house building phenomena is gaining credibility including a premium in the real estate market. As oil inches to $150 per barrel and is slated to go up to $200 per barrel, operating costs worldwide will go up exponentially. 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. Under these circumstances, an early investment in building a green house would stand in good stead. 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 building’s utility bills for heating, cooling, and ventilation. Such a prediction will make building green houses an attractive proposition in the future. A simple extrapolation would conclude that such green features would enhance the salability and price of the real estate. Future scarcity of land for housing is making the builders include green features in their ongoing projects. Thus common swimming pools, common rainwater harvesting plants, and common gardens, all green features are becoming a norm.
A day will dawn when customers and homebuyers will insist on buying a house with all green features incorporated. They may do so as government environmental laws may in near future start penalizing those who do not have Green houses. We already see the effect of Euro IV standard on the automobile industry. 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.