Green Living

For those who have not taken a look at the innovative technology that is now used to make artificial grass, they will be surprised at how realistic some of the newest products look when compared to living grass. Installing artificial grass, which is high quality, does not come cheap.

Prices range from $8 to $14 per square foot. However, this investment may pay off well because of improved resale value, low monthly water bills, and other benefits. The best artificial grass can last up to 25 years with little to no maintenance.

Here is a comparison of the advantages and disadvantages of the most innovative artificial turf to help homeowners and business owners decide if these new products are suitable for their properties.

Disadvantages

Besides the investment cost, here are some other disadvantages.

Hot To The Touch

Some artificial grass products do no dissipate heat very well. In areas where there is a lot of direct sunlight this problem can make artificial grass too hot to walk on barefoot.

Nevertheless, there are advanced designs of artificial turf, which have perforations that allow water to easily run through. These can be quickly cooled down by simply spraying the artificial turf with a light water mist spray.

Homeowners Association Rules

The rules of the homeowners association (HOA) may prohibit the use of artificial turf. Check the HOA rules before installing artificial grass. There may be a need for an exception to the rules.

High-quality artificial grass looks as nice, if not better, than real grass. Low-quality artificial turf looks like cheap, green, furry plastic. Make sure the HOA sees a sample of the artificial grass product for the project for their more accurate understanding and consideration.

Advantages

There are many advantages of using high-quality artificial grass.

No Water And Low Maintenance

In drought-stricken areas, water for irrigation may not be available at all, has use restrictions, and/or is extremely costly. Artificial grass does not need a huge amount of water that real grass needs to survive. It is very low maintenance.

No mowing or lawn care is needed to keep it looking perfect. It is washable, which makes it easy to remove dirt, dust, and pet litter. It is durable and tough.

Curb Appeal

High-quality artificial grass makes a home stand out. When all the neighbor’s homes are dull with dead, brown, real grass or another bland-colored ground cover, a vibrant green artificial lawn really looks spectacular in comparison.

Pet-Friendly

Pets like quality artificial turf. It is easy to clean. It should be able to withstand plenty of pet activity without showing ugly wear and tear. Depending on the installation, pets are discouraged from digging up the lawn.

If a portion does get damaged, it is fairly easy to replace a damaged section.

Conclusion

Artificial grass is increasing in popularity. In most cases, the advantages far outweigh the disadvantages. Even for properties, which have the option of maintaining a real-grass yard, artificial grass is something worth considering.

If you are interested in purchasing a new home or refinancing your current property, be sure to contact your trusted home mortgage professional to discuss financing options.

Earth Day is celebrated each year in April to remind us all of the benefits of ecologically-sound living that is more in harmony with Mother Earth. There is quite a bit of positive news when it comes to going “green.” There are significant benefits for home sales.

Green homes may sell faster and for higher prices. Many people are willing to pay more for a green home in order to receive the long-term benefits of the savings on utility costs.

The Numbers Are Very Appealing

AHS reports many encouraging statistics. The estimates are about one-third of the real estate market for single family homes in 2016 was for green homes. The National Association of Builders says that 90% of home buyers consider looking for energy-efficient green homes to be a high priority when shopping for a home.

About 61% are willing to pay up to $5,000 more for a home that as low utility bills because of its green design. The Earth Advantage Study concluded that a green home, which is certified sells for up to 35% more than non-certified home.

The Green Value Proposition

Lawdepot reports that for every dollar that the utility bill is reduced for a home, the average resale value increases from 15 up to 20 dollars.

Here are some cost-effective investments that improve a home’s resale value:

• Energy-Efficient Windows and Doors: Old, leaky windows and doors are horrible energy-wasters. Upgrade windows and doors to drastically lower energy costs. This also dramatically improves a home’s curb appeal. In terms of resale value, the return on investment is up to 100% over the cost of the installation.

• LEED Certification: A home that has a LEED certification for energy-efficiency can sell for up to 35% more than a non-certified home.

• Insulation: Upgrading attic insulation with high-performance blown fiberglass returns about 17% over the cost of the installation.

• Solar Energy System: Solar energy installations return about 97% of the cost upon resale according to a study conducted by the National Bureau of Economic Research. Depending on the tax incentives and how much was saved on utility bills before the home is sold, there is typically a net positive financial benefit to a homeowner for installing a solar energy system. Moreover, these homes continue to operate normally in a grid-down emergency, which is a big selling point.

Conclusion

Going green, in these suggested ways, helps maximize a home’s resale value. This is helpful for the environment and makes excellent financial sense. Green homes are very attractive to potential buyers, especially in areas that typically have high monthly utility bills.

If going green is a priority to you, be sure to discuss energy efficient incentives and home improvement loans with your trusted mortgage professional.