Home Builders Building Homes that Young Buyers Want, Says NAHB!

Capital Home Builders has been advocating green smart healthier low energy bill homes since 2005. We have known for years that green building was better and healthier way of building a home that would outlast typical old building practices.

June 3, 2013 - During National Homeownership Month in June, the National Association of Home Builders (NAHB) is telling young people that the time is right to buy a home, and the nation’s builders are building the homes they want.

“As the economy recovers and young people who had to live at home with their parents move forward with their lives and achieve their dreams of homeownership, home builders are delivering homes that cater to the floor plans, features and affordability that this generation desires,” said NAHB Chairman Rick Judson, a home builder and developer from Charlotte, N.C.

More than 80 percent of Generation Y home buyers—people born in 1977 or later—said inNAHB’s 2012 consumer preference survey they prefer a highly energy efficient home that results in lower utility bills during the home’s lifetime over a lower-priced home without energy efficient features. Today’s new homes feature ENERGY STAR-rated appliances; windows, doors and insulation that better control the home’s interior climate; and other modern components such as tankless water heaters and HVAC systems that save costs on utility bills.

And cost-conscious young buyers will be happy to hear that a new home actually costs less to maintain than an older home. An NAHB study found that homes built before 1960 have average maintenance costs of $564 a year, while a home built after 2008 averages $241. Plus, mortgage rates are still very low, bolstering affordability for home buyers.

Generation Y buyers favor media and game rooms more than any other specialty rooms for their next home. New homes today not only contain these spaces, they are outfitted with the state-of-the-art electronic and wiring components that can accommodate high-definition televisions, full-house sound systems, hard-wired fire and security alarms and more.  

Young buyers can check out many of the outstanding designs and features being included in homes built by NAHB members at our social media communities facebook.com/homebuildrs, pinterest.com/nahbhome and google.com/+nahb. They can also access home buying and home building information and resources on NAHB’s website at nahb.org/forconsumers.

“The time has never been better for young people to become home owners, whether it be a new home or existing,” said Judson. “There are outstanding opportunities in the current market, with near record low interest rates, competitive prices and new homes being built that include open layouts, energy efficient components and other features that cater to young buyers.”

http://www.nahb.org/news_details.aspx?newsID=16329

Are green building attributes properly valued?

We've been building green custom smart homes since 2005,  Before buying a home in Thomasville, GA. educate yourself on the home you are looking to purchase and the quality construction of that home. The words “minimum code” is dedicate to homes that are not built to green or high performance. A “minimum code” will not have a HERS index of 50 or lower. A “minimum code” will have a HERS Index of 100 to 130 which means it is 80% more costly to operate then a High-performance home. Again, a true energy efficient home is tested by a third-party,

Now Realtors can blow smoke up your keister and tell you that the electrical bill of a minimum code home is $100.00/month when we know that a minimum code home is, again 80% more costly to operate than a true green high performance home.

Now we are sure there are many other creative ways an agent can show a low monthly bill by deciding to show the buyer an off month electrical bill, like from spring where the A/C unit is not used or a vacation month. But the only true way is by having it tested by a third-party Rater.

Do you have a “green” home? Or want to buy or build a green home? You’re not alone. According to the 2012 Yahoo Real Estate Home Horizons Study, Americans say a green or energy-efficient home would be a hallmark of their dream home, taking precedence — for the first time ever — over common favorites like water views or living in a gated community.

If you are looking to refinance, buy or build a home which outperforms typical code-built homes in energy efficiency, you probably have contemplated the question, what is the value of green?

A common belief is that lenders and appraisers cannot put a monetary value on green building features in the loan approval process. Not true. There is growing willingness, on the part of lenders, appraisers and Realtors to reflect the advantage of green in your home value, due in part to increased support from the federal government and the Appraisal Institute, and a willingness amongst homebuyers to pay more for high-performing third-party- certified green homes.

An extensive study conducted by the University of California analyzed 1.6 million single-family home sales from 2007 to 2012, and found that third-party green-certified homes sold for 9 percent more on average than comparable non-green-certified homes.

Residential appraisers often turn to the multiple-listing service (MLS ) for comparable sales data to assist in valuing properties. Santa Fe’s MLS is one of 185 MLS databases nationwide that have green data fields; there are approximately 665 others that do not. Increasing use of these fields by Realtors will assist appraisal values for green homes.

Appraisers can also use the Appraisal Institute’s Residential Green and Energy Efficient Addendum, a nationally recognized document that categorically highlights the energy, water, solar and other green features of a home so as to be monetized in the valuation of the appraisal. There are other valuation techniques available to appraisers; however, a green appraisal requires more training, skill and time than a standard appraisal.

Any owner requesting a green appraisal has the right to require that your lender use an appraiser experienced in green property valuation. Santa Fe has several appraisers with green valuation experience. If you hope to maximize the value of the green features in your appraisal, you should also present your qualified appraiser with easy-to-understand, itemized cost data for the energy, water, solar and other green improvements you made versus a code minimum home.

With the help of a HERS rater, you can also itemize the cost savings of your energy upgrades versus code-minimum construction. It is the responsibility of the builder or homeowner to inform the appraiser of these added value features.

As we emerge from the housing lull and move into a new era of slow but steady growth, we have a golden (and green) opportunity to increase the value of the green home projects we are conducting in the City Different.


http://www.santafenewmexican.com/life/home/article_b3e7dc17-a4c8-57bb-88df-a6625ab3d849.html

202 Stallion Cir. Another Top Quality Custom Built Home by CHB

No one builds custom homes like we do! Our homes appraise higher then any home in South Georgia

Custom High-End Features

Advanced Framing/Extra Insulation 2x6 Framing

High Efficiency Tankless Water Heater

Efficient Household Appliances / stainless steel “top of the line”

Bamboo floors throughout with high-end trim package

Granite throughout

Porcelain tile throughout “not builder’s standard ceramic”

16 SEER A/C

Water Sense Fixtures “Moen”

50 Year limited warranty siding & Soffit

30 Year architectural shingles

Smart Home Wiring

Home surveillance cameras

Pre-wired alarm system

Electronic 7” T.V. front door peephole

Electrical bill on our homes are 57% more energy efficient then any other new home built and 80% more energy efficient then any existing home.

Saving money on utility bills isn’t just smart. It’s guaranteed. CHB Custom Homes are HERS Rated were we guarantee electric utilities that exceed the guaranteed energy usage of our HERS*-rated new homes. We will pay you back the overage for two years. “Standing behind our products”.

http://www.trulia.com/property/3044016852-202-Stallion-Cir-Thomasville-GA-31792