Green homes are more expensive, is this fact or fiction: According to the Green Building Institute of Canada, “Since 2004, LEED has certified over 4,350 buildings in Canada and registered over 8,500 – giving Canada the second highest number of LEED projects anywhere in the world.”
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:
Green building in Canada has reached a significant milestone, with the Canada Green Building Council (CaGBC) announcing that there are now over 1 billion square feet of LEED projects in Canada. Representing nearly 7,000 LEED buildings, homes and communities since…
For more details about savings read this article from Tobia Robers
Many people assume that sustainable homes cost more. Do they really? We look at real-life examples that prove sustainable homes actually cost less than conventional homes.