Sustainable Real Estate Development
WHAT IS SUSTAINABLE REAL ESTATE DEVELOPMENT?
Sustainable real estate development is the practice of incorporating environmentally-friendly design techniques, materials and technologies into the building process. Instead of using materials and strategies which increase a home’s carbon footprint, sustainable real estate development aims to reduce the impact of a respective home on the environment, from the materials used to daily operations. Doing so enables homeowners to simultaneously reduce operating costs and help the environment.
Green Redevelopment – Residential
“Green” real estate development projects, otherwise known as “greenhabbing,” are the sustainable equivalent to standard flip, but with a substantial caveat: an emphasis on sustainable practices and materials. Outside of the obvious, the two strategies are indistinguishable from one another. We could very easily argue that both exit strategies share the same goal, which begs the question: how can sustainable real estate development set our business apart from the competition?