LEED (Leadership in Energy and Environmental Design) is a certification for green buildings that many countries around the world have adopted and changes how we plan, design, construct, operate and manage buildings. Leaders around the world have made LEED the most widely used third-party verification for sustainable construction and development. Our commitment to strategic planning, affordable housing, LEED certifications, and white-glove service has kept Master Built Homes as the go-to builder on Staten Island. Contact us to learn more about LEED certifications and keep reading to discover the various ways LEED certification can save you money.
Savings Associated with LEED-Certified Homes
Savings Associated with LEED-Certified Homes
What is LEED?
The use of LEED certification has recently increased substantially as it's considered to be one of the leading indicators for measuring energy-efficient building practices. This is because it works for both homes and corporate headquarters at any stage of development. Green building projects achieving LEED certification will earn points across several different sustainability areas, including energy use and water conservation.
Energy Efficiency
The idea of a LEED-certified home is to help people save money on their utility bills. The idea is that the building will be more energy efficient, reducing the energy needed to heat and cool the space. LEED-certified homes are more affordable because they use less energy and create less waste. This means that your monthly utility bill will be reduced, which in turn means that you can spend your money elsewhere. Many homebuyers choose to live in a LEED-certified home because they are environmentally conscious and want to help the environment. Some individuals and families may be more concerned with saving money on utility bills. If this is the case for you, then a LEED-certified home from Master Built Homes is a good option for you because it uses higher-quality materials and can save more on utilities.
Return on Investment
In the United States, there are more than 100 million homes. And this number is only expected to rise. Those who are looking to invest in a home need to consider the return on their investment. LEED-certified homes offer a better return on investment for homeowners than regular homes because they have lower utility costs and are more sustainable. These homes are the greenest in their market and offer a significant increase in return on investment. The housing market throughout Staten Island appreciates LEED-certified homes from Master Built Homes because they are built with a focus on sustainability, energy efficiency, and durability. These homes offer a higher resale value because they are more attractive to buyers.
Tax Incentives
There are a variety of tax benefits and incentives for green buildings. For many states and municipalities, this includes tax credits, grants, expedited building permits, and reductions or waivers in fees. In New York, based on a law that went into effect in 2013, there is a litany of property-tax exemptions for green buildings, renovations, improvements, and other projects and offer up to 10 years of property-tax exemptions for construction on LEED-certified homes like the ones designed by Master Built Homes. The provided exemptions correspond to the level of LEED certification or other similar green certification achieved for each development. These exemptions offer tremendous savings on property taxes for homeowners who invest in homes developed and built by Master Built Homes and add to the already remarkable money returned to your pockets through utility savings and increased home value.
Master Built Homes is founded on a commitment to the environment and has been developing sustainable, forward-thinking homes in Staten Island for over 30 years. We have built homes that are energy efficient, sustainable, and affordable for communities throughout the area. Our team is dedicated to not just building homes that our customers love, but also ensuring that we’re improving communities by transforming the area into a beautiful place full of civic vibrancy and community cooperation. Contact our team today to learn more about LEED certification and connect with us to discuss development projects available to your family.