From Guest Blogger Brooke Chaplan: Eco-Investment–Three Reasons Green Building Practices Are Worth the Expense

We are sure you’ve heard of the going green initiative in many areas of your life. This term typically encompasses the concept of creating a more self-sustainable environment to live in. When it comes to building practices, there are three main reasons for you to go green.

Healthier Environment

For business owners, the health of their employees can make the difference between being in the black or the red. Employees who face illnesses can cause an increase in health insurance costs and a decrease in productivity for the business. Green building includes many essential practices that can drastically decrease illnesses that lead to lack of productivity. This includes practices such as installing LED lighting that reduces the onset of headaches and better HVAC systems that produce a higher-quality of air that reduces asthma and allergy-related problems. With more productive employees taking less sick days, the revenue of the business will grow.

High Sale Value

Green building is the new wave of the future. In cities all around the country, counsels are agreeing to switch over their communities to being green by specific future dates. By deciding to utilize green building practices now, you can better prepare for those future regulations. In addition, when you go to sell your residential or commercial space, you will receive a higher sale value than non-green built spaces. It’s important to start with having a professional assist in the construction plan as you want to ensure the green building expenses will not supersede the value that the property can be sold for in the future. For example, when it comes to constructing buildings for the public, a civil engineer is called upon to manage the construction and expenses of the project.

Increased Consumer Base

People are becoming more and more aware of how businesses are participating in green practices. They reward the forward-thinking behavior of these companies by utilizing the services or products they sell as opposed to other businesses who have yet to adopt green practices. By using green practices during your building phase and sharing this with potential consumers, you can gain the loyalty of environmentally conscious consumers that will increase your overall consumer base. It doesn’t take a masters in financial economics to know that green initiatives are popular with the general public.

Due to the fact that green building practices tend to be more expensive out of the gate, many residents and business owners are contemplating whether the investment is worth it or not. It’s always important to look at the long run when it comes to expenses and this is no different. There are various benefits that make the green building expenses worth it for both the homeowner and the business owner alike.