Green Homes Are More Expensive – Fact Or Fiction?
Green - LEED Condos In Le Plateau Mont Royal
Green Homes Are More Expensive Fact Or Fiction
According to the “Canada Green Building Council” ;
- There are currently over 1700 homes that are LEED certified in Canada.
2) Would the cost be significantly higher than if you were to buy a normal pre-construction space?
No, in fact the cost is often only marginally higher. In addition, LEED certified homes are healthier and more energy efficient – the latter can lead to big savings on utility bills: for example, new owners can save on average $900 a year on water and energy bills for a 2,000 sq.ft. detached LEED Canada home located in Ontario. This represents $22,560 over the life of an average mortgage.
I recently attended a very insightful presentation by “Belvedair”, a specialist in the construction of green homes and construction. His research and statistics make a strong case for the significant savings enjoyed by green construction. Check out his presentation below to view some actual potential $$ savings possible through water and energy modifications to your home.
In terms of the volume of LEED green projects across Canada by province, Quebec was the leader with Ontario a close second. View some stats: