Green technologies—once considered on the fringes of home building and remodeling—have gotten easier and more mainstream in recent years. Nowadays, home improvement projects include more renewable materials like bamboo, energy-efficient appliances and designs that incorporate the local climate and terrain.1
According to the National Association of Home Builders Research Center,2 “going green” offers significant benefits to homeowners in terms of comfort, savings and resource efficiency, including:
Lower Operating costs
Homes that require less heating and cooling and use less water have lower utility bills.
More durable materials reduce upkeep and replacement costs.
Improved environmental quality
Using moisture control or low-VOC (volatile organic compounds) paints can contribute to a healthier indoor environment and ultimately a better local environment.
Homes with lower monthly utility bills that perform better and longer enjoy increased value.
There’s long been a persistent belief that it costs more to go green—and while it may initially be more expensive to install radiant-floor heating or solar panels for electricity, these and many other green home improvements more than pay for themselves in the long run.3
Remember: if you need additional funds to pay for green home improvement projects, you may be able to borrow up to $150,000 with a Discover Home Equity Loan.