Nadeem Hussain’s Post

💥 New report from SuperHomes / National Energy Foundation into the impact of energy improvements to a home on property value. It is a first of a kind study with a small sample size of 15 homes but the data has been collected by independent RICS surveyors, Trinity Rose Surveyors, Residential, Commercial and Architecture, using valuation standards. The findings? 2-5% increase in property value. Check out the report in the comments for the detailed analysis. What's interesting is the difference between the surveying results and the perceived value from the residents who would be willing to pay 5-10% more of the property value vs a similar home to experience the same benefits they do today. Aside from regulatory drivers which we're all waiting for from a new governments, it feels like it boils down to awareness and experience of the benefits which may lead to internalising comfort, health and low carbon into property value in the coming years. I would love for this to be a longitudinal study that's repeated every 1-2 years to see how this changes over time. Sally Hodgkinson and Paul Ciniglio. #retrofit #netzero #greenfinance #homedecarbonisation

🌟 More Energy-Efficient Homes in 2024! 🌟 As we step into the new year, the trend toward energy-efficient homes is gaining significant momentum. A recent study conducted in 2022 reveals Florida is lagging behind in the landscape of energy-efficient construction across the United States. 🏡 Over 2.4 million homes and apartments in the U.S. are now certified with the Energy Star label. 🌱 In 2022, more than 120,000 homes (9% of total new units) received the Energy Star certification, marking a significant increase from 2021 (7%). 🌍 Arizona leads the nation in energy-efficient construction, with a remarkable 42% of newly built homes earning the Energy Star certification. 🔍 Among metros, Kalamazoo-Portage, MI, stands out with an impressive 39% of all new housing units built being green homes. 🌐 Florida metros, including Cape Coral-Fort Myers, are on the radar for lower percentages of energy-efficient new homes, but the nationwide movement is gradually reshaping construction priorities. Source: https://lnkd.in/dFZDAsNn 2024 is the Year of Energy-Efficient Homes! 💰 Financial Incentives: The passing of the Inflation Reduction Act in 2022 has introduced significant financial incentives for the construction of energy-efficient homes. 📈 Rising Energy Costs: Escalating energy costs are compelling future home buyers to prioritize energy efficiency, as revealed by a recent survey. 🌎 Environmental Impact: Homeowners and buyers are recognizing the value of energy-efficient homes not only in terms of savings but also in contributing to a sustainable and eco-conscious lifestyle. Northstar is committed to building more Energy Efficient homes in SWFL. Our mission aligns with the evolving landscape, and we believe that 2024 will mark a pivotal year where energy efficiency becomes the standard rather than the exception.🌿✨ #EnergyEfficiency #GreenHomes #SustainableLiving #NorthstarRealtyGroup #SWFLnewconstruction

The Department of Housing and Urban Development recently made nearly $1 billion available for energy-efficient upgrades in low-income multifamily properties, but also local utility companies like National Grid are offering their customers financial incentives for these initiatives. The most effective upgrades depend on the property and the location, which is why it’s helpful to consult an energy expert who can conduct an on-site assessment. #nationalgrid #energyefficiency #housinmarket

Energy Efficiency key to property holding value - housing expert

Latest on Showhome: High-quality fenestration critical for social housing energy efficiency targets At The Labour Party's recent conference, Ed Miliband, Secretary of State for Energy Security and Net Zero, outlined plans to decarbonise the social housing sector while reducing tenants’ energy bills. The proposal, currently under consultation, underscores the urgent need for improvements across a sector where 1.2 million homes currently hold EPC ratings of D or lower. “Most public housing stock was constructed between 1945 and 1980, a time when modern thermal performance standards were not a consideration,” said Martin Hitchin, CEO of REHAU UK - Window Solutions. “This poses significant challenges for councils and housing associations. However, upgrading windows and doors represents a key opportunity to boost thermal performance and support decarbonisation efforts.” Read more here:  https://lnkd.in/eEbvcuRY #housebuilding #energyefficiency #windowsanddoors Jonathan Pittock

‼ FUTURE HOMES STANDARD CONSULTATION RESPONSE ‼ The government has initiated a consultation on both the #FutureHomes standard and the #HomeEnergy Model, seeking input on policies that directly impact our lives, communities, and future. In response to the government consultation, Bioregional and the Good Homes Alliance, alongside other like-minded organisations have drafted a letter to DLUHC and DESNZ, outlining their concerns. Neither of the Future Homes Standard consultation options go far enough in addressing the urgent need for change to meet our #climate commitments, or the healthy homes with low bills that we need. We urge you and/or your organisation to take action and sign their letter in response. The letter, is an opportunity to express our concerns, share our insights, and advocate for positive change. Every signature counts and strengthens our collective impact. Please sign by Thursday 29th February 2024 so they can submit the letter before the end of the consultation. The consultation ends on Wednesday 6th March. Further details and the letter can be found here: https://lnkd.in/djgbBTWB #ACAN #ClimateAction #HealthyHomes #BuiltEnvironment #Architects #Buildings

340,000 homes need energy efficiency upgrades annually. Analysis indicates that 880,000 rentals could be lost if landlords choose to sell properties with an EPC rating of E-G rather than invest in upgrading. https://lnkd.in/dW6xn3jy #environmentalhealth #housing #environment #property

🏡✨ Discover the energy efficient perks of new build homes during #NewHomesWeek2024! Today, we're delving into the benefits of buying new build homes, especially energy savings for buyers: 1- Owners of new build homes can save up to £184* on monthly energy costs on average. 2- 85% of new builds have an A or B EPC rating – less than 5% of older properties achieve the same energy performance. 3- New regulations mean homes built from June 2023 include more sustainable features as standard, including energy and water efficient fixtures and fittings, and electric charging points. Uncover the energy-efficient advantages of new builds at Castle Green Homes below 💡🍃 👇 #newbuildhomes #energyefficiency #sustainableliving *HBF’s Get on with Living report, 2023.

A great piece on how condo/coops in NYC are lowering their carbon emissions and earning revenue by providing grid services! Get in touch with Logical Buildings to learn how your property can save and earn money by reducing on-peak energy use. The first program enrollment deadline is March 31st. #energy #demandresponse #LL97 #carbonemissions

🌱💼Will Your Apartment Community Stand Out for Sustainability? 💧🏨 The National Apartment Association (Naahq) advises that water and energy conservation add value in both dollars and appeal. If you read through their advice on “Boosting Property Value Through Water and Energy Efficiency,” you’ll see that this recommendation is particularly important now, as multifamily properties face rising utility costs. Per the NAA/IREM 2021 Income/Expense 1Q, water and sewer are a whopping 44% of utility costs! Water conservation is essential as consumers demonstrate growing interest in responsible practices.  Maybe your more pressing need is reducing operating expenses even though you want to deliver on sustainable practices. Many multifamily customers have shared with me that implementing water sensor technology improved NOI by reducing water and sewer costs while helping them demonstrate progress toward ESG commitments. I’m interested to hear your stories of finding solutions for both budget and planet. 🌐💧 https://lnkd.in/gWRgZQRX #Sustainability #MultifamilyProperties #WaterConservation #NAA