Today’s renters understand the importance of sustainable multifamily housing construction and the direct impact it has on their health an environment.
More than just a trend, it has become common in multifamily housing. These practices not only reduce energy cost and maintenance during construction and also operational practices.
They are economically more efficient, environmentally responsible, and lessen the building’s carbon footprint. SWET Construction Group ensures energy-efficient designs are implemented during construction or remodeling.
According to Multifamily Biz
Green features save owners approximately 33 million dollars across 200,000 buildings. Additionally, buildings that embrace green design recoup associated costs of the project within six to seven years, significantly less than the typical industry average. Given the numbers, multifamily sector can expect to see more communities using natural resources, like bamboo, wool, and reclaimed wood, during construction.
Environmentally friendly features can also help your community join the ranks of LEED-certified homes, which save up to 60 percent in energy costs. That’s right—it’s quite simple to cut expenses by offering eco-friendly amenities where possible. Advanced heating and cooling systems, stainless steel appliances, and high-efficiency plumbing fixtures aren’t slowing down in popularity, as sustainability becomes a cohesive goal for everyone within the multifamily industry.
Focusing on sustainable and wellness designs to generate a high return on investment. Before you invest in remodeling and upgrades in your multi-family housing, think about the renter and what appeals to them. Smart changes can increase the value of your property.
“Energy efficiency can make a huge difference in the bottom line for multifamily building owners,” said Kate Johnson, ACEEE senior policy analyst. “In addition to lower utility bills, owners have happier tenants because units are more comfortable. That means lower tenant turnover and higher occupancy rates, which also makes a big impact on cash flow for building owners.”
There are many elements that go into a multifamily housing development projects, both for new construction and renovations. Having a commercial construction group you can partner with can make all the difference.`
SWET Construction Group is a leader in the industry, we know the market and which renovations will make your property stand out from the competition.